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Long-Term Export Growth Financing Facility

Coverage of Long-Term Export Growth Financing Facility in the Nexus archive.

Earliest in view: Jul 30 · 02:55 UTCMost recent: Jul 30 · 02:55 UTC
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  • BUSINESSJul 30 · 02:55 UTCDAWN
    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.

Long-Term Export Growth Financing Facility · Dossier · The Nexus