Shehbaz Sharif directs increased loans for SMEs and agriculture

Prime Minister Shehbaz Sharif has directed an increase in loans for small and medium-sized enterprises (SMEs) and the agricultural sector to stimulate economic growth and job creation in Pakistan.

During a meeting with CEOs and presidents of banks in Islamabad, the Prime Minister emphasized that SMEs are the backbone of the national economy. He called for the removal of obstacles in the loan disbursement process and urged the State Bank to simplify approval and payment procedures to ensure citizens, businesses, and farmers can access financial resources more easily.

Regarding agriculture, Sharif highlighted that providing credit to small farmers is essential for improving food security and increasing production through modern farming techniques. He noted that expanding agricultural financing is a critical necessity for the country's economic stability.