Staff Reporter
Karachi
The Federation of Pakistan Chambers of Commerce and Industry has demanded of the State Bank of Pakistan to consider extension in Refinance Scheme to support employees and prevent layoff of workers due outbreak of Corona Virus, by December 31, 2020.
Mian Anjum Nisar, President FPCCI while appreciating the initiative of SBP for introducing Refinance Scheme, which had helped many industrial and service oriented sectors to retain employees during Corona pandemic, stated that since the companies that availed this credit facility through banks have not been recovered from devastating economic impact of covid-19, it would be advisable if Ministry of Finance keep shouldering with SBP and extend this Scheme till end of the year.
