The State Bank of Pakistan (SBP) has officially implemented the exemption of the 0.25% Export Development Surcharge (EDS) on all exported goods, as per the Federal Government’s S.R.O 2335(I)/2025 dated December 1, 2025. This move withdraws previous SBP circulars immediately, providing significant relief to exporters by reducing business costs and enhancing global competitiveness.
Khurram Schehzad, Advisor to the Finance Minister of Pakistan said the Federal Government has exempted all exported goods from Export Development Surcharge levied under sub section (1) of section 11 of the Finance Act 1991, with immediate effect, see the notification attached by the State Bank of Pakistan.
Accordingly, the SBP’s Circular Letters stand withdrawn immediately. Decision taken by the Prime Minister in a few days of forming the focused Working Groups with the Private Sector in the lead, to revoke the Export Development Surcharge, amongst other key restructuring decision, including giving charge of hanging export development fund to the exporters, has now been implemented as well.
The speed of decision and implementation has shown the will and committment of the Government of Pakistan to reduce cost of doing business while providing an enabling environment for investors and exporters.
