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Friday, December 27, 2024

Home Business New shipping policy to lift Maritime sector to new heights

New shipping policy to lift Maritime sector to new heights

by News desk
November 7, 2020
in Business

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Staff Reporter

Islamabad

The new Shipping Policy will lift the Maritime sector in Pakistan to new heights which had never been witnessed before.
According to Ministry of Maritime Affairs, now shipping companies can now take advantage of liberal fiscal concessions and low markup rates offered by the State Bank of Pakistan (SBP) under the Long Term Financing Facility (LTFF) to acquire ships flying Pakistan flag.