Skip to content
The Nexus
BUSINESSJul 30 · 02:55 UTCDAWN[email protected] (Khurram Husain)

Here it comes

The government approved Rs255 billion in subsidies for exporters, potentially violating IMF program commitments that prohibit new fiscal incentives. Two schemes, the Long-Term Export Growth Financing Facility and the repackaged Exim Bank Export Finance Scheme (E-EFS), breach IMF restrictions on subsidies and guaranteed returns, despite claims of compliance with quantitative caps.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned
Spot something wrong with this article?Report a problem →
Forward this
Related Signal

Adjacent reporting

Here it comes · The Nexus