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SME, agri financing: Aurangzeb urges faster loan disbursements
ISLAMABAD: Pakistan’s small and medium enterprises (SMEs) and agriculture financing schemes are lagging behind housing finance in translating approvals into disbursements, prompting the government to call for faster execution and stronger lending efforts, as outstanding SME financing stood at Rs1.148 trillion, while outstanding agriculture credit reached Rs1.329 trillion. Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired the sixth meeting of the Access to Finance (A2F) Steering Committee on Wednesday to review progress on expanding affordable and inclusive financing...
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