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SBP initiatives to help keep businesses afloat, prevent massive unemployment: PM

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News Stories Posted by ARY News Digital Team

ISLAMABAD: Prime Minister Imran Khan said on Saturday the State Bank of Pakistan (SBP) has announced incentives for businesses as part of the government’s policy to strike a balance between protecting people through a targeted lockdown and ensuring the vulnerable needy are provided for.   

“The Ehsaas emergency cash prog[amme] is underway & we are seeking to offer business incentives with tax refunds & opening up the construction sector while keeping agri sector open,” he said in a Twitter statement.

Sharing a video statement of SBP Governor Reza Baqir, the prime minister said the SBP’s initiatives for businesses during the COVID-19 will help keep businesses afloat and prevent massive unemployment.

Read More: SBP introduces new refinance scheme to avoid layoff of workers

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