Exporters get relief as SBP frees withheld proceeds
MG News | August 12, 2025 at 04:49 PM GMT+05:00
August 12, 2025 (MLN): The State Bank of Pakistan
(SBP) has withdrawn its earlier directive on delayed realization of export
proceeds, instructing authorized dealers (ADs) to immediately release funds
held under the lien of exporters.
In a circular issued Tuesday , the central bank said
authorized dealers must now report all overdue export bills in their
fortnightly submissions to the SBP’s Foreign Exchange Operations Department.
The instructions take effect immediately.
The SBP has directed ADs to ensure the new instructions are
communicated to all stakeholders.
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