{"id":251804,"date":"2022-03-29T08:52:09","date_gmt":"2022-03-29T03:52:09","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=251804"},"modified":"2022-03-29T08:52:09","modified_gmt":"2022-03-29T03:52:09","slug":"over-60pc-bank-loans-disbursed-to-textile-sector-businesses-sbp-governor","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/over-60pc-bank-loans-disbursed-to-textile-sector-businesses-sbp-governor\/","title":{"rendered":"Over 60pc bank loans disbursed to textile sector, businesses: SBP governor"},"content":{"rendered":"<p> KARACH<br \/>\nGovernor State Bank of Pakistan (SBP) Reza Baqir said that the central bank has disbursed its 60 percent loans to the textile and other key sectors of the country in order to improve exports. Speaking at an event, the SBP governor said that the exports could be improved through value-addition and they have lured the investors in the country through multiple incentives for local production.<br \/>\n\u201cThe SBP is also giving incentives to the commercial banks while we are also giving away loans for business development,\u201d he said. While detailing measures for development of textile sector in the country, Governor Reza Baqir said that 60 percent of the loans disbursed by the central bank have gone to textile and other sectors.<br \/>\n\u201cLoans were given on priority for small businesses,\u201d he said and added that there are multiple opportunities for promoting exports in Pakistan and there is need to take advantage of it. It is pertinent to mention her that Pakistan\u2019s textile exports have reached new heights after they reached Rs1.55 billion in January 2022, the highest ever exports from the sector in a month. The details were shared by Senator Faisal Javed Khan, a close confidante of Prime Minister Imran Khan, from his Twitter handle.<br \/>\nWhile sharing a graph of textile exports in the country, Faisal Javed shared that the country\u2019s exports have reached a record high in a month after they reached Rs1.55 billion in January 2022. \u201cPakistan has already left behind India and Bangladesh in the export of textile goods to the United States and European countries,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACH Governor State Bank of Pakistan (SBP) Reza Baqir said that the central bank has disbursed its 60 percent loans to the textile and other key sectors of the country in order to improve exports. Speaking at an event, the SBP governor said that the exports could be improved through value-addition and they have lured [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-251804","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-top-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Over 60pc bank loans disbursed to textile sector, businesses: SBP governor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/over-60pc-bank-loans-disbursed-to-textile-sector-businesses-sbp-governor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Over 60pc bank loans disbursed to textile sector, businesses: SBP governor\" \/>\n<meta property=\"og:description\" content=\"KARACH Governor State Bank of Pakistan (SBP) Reza Baqir said that the central bank has disbursed its 60 percent loans to the textile and other key sectors of the country in order to improve exports. 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