Meeting Reviews Steps Taken to Enhance Agricultural Loans
Dr. Abdul Hafeez Shaikh, the federal minister of finance and revenue, recently presided over a meeting at the finance division to discuss the agriculture transformation plan.
During the meeting, the prime minister’s directives to improve agriculture credit for the farming sector were reviewed.
The State Bank of Pakistan’s Deputy Governor gave a presentation on the consultation process used by important stakeholders and specific recommendations to improve agriculture credit.
The Finance Minister encouraged everyone to develop a clear action plan with deadlines and a matrix of responsibilities in order to complete the various proposals that were presented during the meeting.
To complete the task, he assembled a five-person committee made up of the Secretary of the Law and Justice Division, the Secretary of NFS&R, the Governor of the SBP, and other senior officials from the pertinent institutions and Ministries.
The Finance Minister concluded by restating the Government’s steadfast commitment to advancing the agricultural industry through the prompt and efficient implementation of the Agriculture Transformation Plan as authorised by the Prime Minister.
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