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COVID-19 OUTBREAK: SBP relaxes guidelines to facilitate imports

by Pakistan Latest News Update



KARACHI: The State Financial institution of Pakistan (SBP) has allowed all federal and provincial authorities departments, hospitals in private and non-private sectors, charitable organisations, producers and industrial importers to make advance import cost and import on open account with none restrict the medical tools, medicines and different ancillary objects for the therapy of COVID-19.

Moreover, banks have been allowed to approve the Digital Import Type (EIF) for the import of the tools donated by worldwide donor businesses and international governments to facilitate their seamless and speedy imports. The variety of COVID-19 circumstances in Pakistan is growing and an efficient technique to battle the virus requires well timed availability of wanted tools. The SBP stated it had taken these measures to facilitate the import of much-needed tools in a seamless method. 

Revealed in The Categorical Tribune, March 26th, 2020.

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