Govt expands export financing support to Rs1.85tr

According to Mettis Global, the government has widened its export financing support, raising the Enhanced Export Finance Scheme envelope to Rs1,500 billion for FY2026-27 from Rs1,000bn earlier. Within that total, Rs300bn is reserved for small and medium exporters, agri-SMEs and new borrowers, following directives from the Prime Minister. The goal is to make borrowing simpler for firms that have so far been less involved in the scheme.

A separate Long Term Export Growth Financing Facility, known as LTEGFF, has been introduced with Rs350bn in financing lines for long-term investment and export capacity expansion. Those lines can fund new plant and machinery, whether locally made or imported, along with balancing, modernisation and replacement of existing projects. Investments that help exporters meet green and sustainability standards are also covered, with ESG compliance gaining importance in international markets.

Pak EXIM, the country's export credit agency, manages both schemes in coordination with the State Bank of Pakistan. It has also launched an EFS Digital Portal to link it with participating financial institutions nationwide, with development finance institutions being onboarded. The bank says the portal allows end-to-end digital processing, aiming to improve efficiency and transparency.