PM Shehbaz Urges Banks to Boost Lending for Farmers, SMEs, Housing

PM Shehbaz Sharif has urged banks and financial institutions to significantly boost lending to farmers, small and medium-sized enterprises (SMEs), and the housing sector. This directive aims to expand access to finance for key economic segments, with targets of Rs2 trillion each for agricultural and SME loans by June 2028. The government's Access to Finance Plan 2026-28 seeks to enhance economic growth, exports, and employment through these measures. While this initiative could support long-term economic stability and potentially the Pakistani Rupee, its immediate impact on gold or currency rates is likely to be limited.

بحوالہ / Source: www.brecorder.com