ISLAMABAD: Federal Finance Minister Ishaq Dar has reviewed the progress and process of agricultural loans disbursement among the farmers and asked the banks to simplify the procedure in this regard.
The minister was chairing a high-level meeting, in which Secretary Finance Dr Waqar Masood Khan briefed Dar and other participants on the procedures and criteria currently adopted for grant of agricultural credit and shared related figures.
State Bank Governor Ashraf Mehmood Wathra gave input on the role of banking sector, particularly outlining contribution of ZTBL and other commercial banks in supporting the agriculture sector.
The meeting considered measures to facilitate access of farmers to the agriculture credit available through different institutions. The minister stressed the need for financial institutions to simplify their business processes for extension of credit to farmers and for increased awareness of the available facilities to potential beneficiaries.
Minister for National Food Security Sikandar Hayat Bosan, Punjab Finance Minister Ayesha Ghaus Pasha, senior officials of the Ministry of Finance, Ministry of National Food Security and Government of Punjab attended the meeting.
