{"id":67394,"date":"2020-07-01T16:18:50","date_gmt":"2020-07-01T11:18:50","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=67394"},"modified":"2020-07-01T16:18:51","modified_gmt":"2020-07-01T11:18:51","slug":"sbp-extends-rozgar-scheme-deadline","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/sbp-extends-rozgar-scheme-deadline.html","title":{"rendered":"SBP extends Rozgar Scheme deadline to save jobs"},"content":{"rendered":"\n<p>Karachi: The State Bank of Pakistan (SBP) on Wednesday widened the scope and extended the deadline of its \u2018Rozgar Scheme for Supporting Employment\u2019 campaign for another three months to prevent job layoffs during the prevailing coronavirus situation in the country, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sbp-forms-committee-to-promote-housing-finance-in-pakistan.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP forms committee to promote housing finance in Pakistan<\/a><\/p>\n\n\n\n<p>As per an official SBP press release, the Rozgar Scheme has allowed deferment of principal amount and loans\u2019 restructuring to enable businesses and households to improve their cash inflow. In addition, the central bank has also introduced several refinance schemes to support investments and employments to battle the economic crises ensued by the coronavirus outbreak in the country.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sbp-announces-suspension-service-charges-deposits-banks.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP announces suspension of service charges on deposits by banks<\/a><\/p>\n\n\n\n<p>Moreover, the Rozgar Scheme will enable businesses to obtain funds to pay salaries and wages for a maximum period of six months \u2013 from April to September. As of June 19, banks have approved financing of PKR 25.4 billion for over 1,100 businesses covering wages and salaries of 220,000+ employees.<\/p>\n\n\n\n<p>Since March, the SBP also reduced the financial cost to the public and private businesses, and domestic households by reducing the <a href=\"https:\/\/www.zameen.com\/news\/sbp-announces-policy-rate-cut-by-100-points-to-7.html\" target=\"_blank\" rel=\"noreferrer noopener\">policy rate<\/a> by a total of 625 basis points.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The State Bank of Pakistan (SBP) on Wednesday widened the scope and extended the deadline of its \u2018Rozgar Scheme for Supporting Employment\u2019 campaign for another three months to prevent job layoffs during the prevailing coronavirus situation in the country, according to news sources. Read: SBP forms committee to promote housing finance in Pakistan As per an official SBP press release, the Rozgar Scheme has allowed deferment of principal amount and loans\u2019 restructuring to enable businesses and households to improve their cash inflow. In addition, the central bank has also introduced several refinance schemes to support investments and employments to battle the economic crises ensued by the coronavirus outbreak in the country. Read: SBP announces suspension of service charges on deposits by banks Moreover, the Rozgar Scheme will enable businesses to obtain funds to pay salaries and wages for a maximum period of six months \u2013 from April to September. As of June 19, banks have approved financing of PKR 25.4 billion for over 1,100 businesses covering wages and salaries of 220,000+ employees. Since March, the SBP also reduced the financial cost to the public and private businesses, and domestic households by reducing the policy rate by a total of&hellip;<\/p>\n","protected":false},"author":75,"featured_media":64432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[33355,33354,21853],"persona":[],"class_list":{"0":"post-67394","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-rozgar-scheme-for-supporting-employment","8":"tag-sbp-extends-rozgar-scheme-deadline-to-save-jobs-4","9":"tag-state-bank-of-pakistan-sbp"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SBP extends Rozgar Scheme deadline to save jobs - Zameen News<\/title>\n<meta name=\"description\" content=\"State Bank of Pakistan (SBP) on Wednesday widened the scope and extended the deadline of its \u2018Rozgar Scheme for Supporting Employment\u2019 campaign\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/sbp-extends-rozgar-scheme-deadline.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBP extends Rozgar Scheme deadline to save jobs - Zameen News\" \/>\n<meta property=\"og:description\" content=\"State Bank of Pakistan (SBP) on Wednesday widened the scope and extended the deadline of its \u2018Rozgar Scheme for Supporting Employment\u2019 campaign\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/sbp-extends-rozgar-scheme-deadline.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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