Fresh Meat Products included in Export Finance Scheme (EFS) 
Reform ID  F088 
 

Reform Description  

  Before: Previously, only frozen meat products were included in the Export Finance Scheme and short term financing facility was not allowed for fresh meat products. 

After: Now, fresh meat products have also been added in the Export Finance Scheme along with frozen food products.  
Sector   Food processing (Meat) 
Beneficiaries  Food Sector Businesses 
Jurisdiction/Location   Federal (Entire Pakistan) 
Department  SBP 
Date of Implementation   22-01-2021 
Timeline  Last 01 Year  
 

Details 

  Difficulty 
  • Previously, only the frozen meat products were included in the Export Finance Scheme (EFS) for availing the concessional short term financing facility provided to exporters through banks.  
  • This condition neglected the exports of fresh meat products.  
 

 

 

Analysis 
  • Without the inclusion of the fresh food products in the Export Finance Scheme (EFS) concessional short term financing facility provided to exporters through banks for exports of fresh meat could not be availed. Therefore, it was thought necessary to include the fresh meat products in the Export Finance Scheme to facilitate the export of the fresh meat products.  
 

 

 

Solution  
  • Exports of meat of bovine animals, fresh or chilled and meat of sheep or goats, fresh, chilled or frozen have been made eligible for concessional short-term financing facility by addition in Export Finance Scheme (EFS). 
 

Evidence   

 (i)  EFS Allowed for fresh and Chilled meat:  https://www.sbp.org.pk/smefd/circulars/2021/CL1.htm                                                                           

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