EFS major goal is to increase exports
KARACHI: The major goal of the Export Finance Scheme (EFS) is to increase exports. The EFS is a policy that provides finance to exporters. Exporters of manufacturing items, particularly exporters of value-added goods, can access these funding options through banks. The State Bank of Pakistan has raised the markup on credit facilities from 5.5 percent to 7.5 percent per annum.
