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050409

STATE BANK OF PAKISTAN - BANKING POLICY DEPARTMENT


BPD Circular Letter No. 14 of 2005
April 09, 2005 


All Banks/ DFIs/Leasing Companies/Investment Banks/Modarabas.


Dear Sirs/ Madam,


Scheme for Financing Locally Manufactured Machinery- Eligibility of the Industry




Please refer to the Para No. 2 of the Annexure-A attached with BPD Circular No. 25 dated July 24, 2004.
It is advised that, henceforth, the locally manufactured machinery and equipment needed for the projects set up for alternative/ renewable energy development shall also be eligible for financing under the Scheme for Financing Locally Manufactured Machinery.




Yours faithfully,

S/d
(MUHAMMAD KAMRAN SHEHZAD)
Director
 

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