Repatriation could be further enhanced by lengthening the repatriation period to 180 days
Reform IDF535
DescriptionThe repatriation period for export proceeds was reduced to 120 days under SBP Circular No. 01 of 2022, responding to foreign exchange reserve pressures at the time. However, this shortened timeline constrained the legitimate business operations of exporters particularly those dealing with long-payment-cycle buyers or operating in industries where settlement periods commonly exceed 120 days, effectively penalizing compliant exporters.
DepartmentState Bank of Pakistan - SBP
Jurisdiction / LocationFederal - Entire Pakistan
SectorAll Sectors
Start Date
Target Deadline15-04-2026
Date Enacted
Implementation StatusIn Progress
Progress 0%
CCORR Direction
Cost Savings PKR (Mil.)
Evidence