KARACHI: Prime Minister Shahid Khaqan Abbasi on Friday urged the banking sector to finance renewable energy projects in order to improve the energy mix.
The prime minister stated this in a meeting with senior management of various private banks in Karachi. Special Assistant to the Prime Miniter Miftah Ismail, Special Assistant to the PM Ali Jehangir Siddiqui and Governor State Bank were also present.
The prime minister stated that the government was always open to suggestions from banking sector for positive reforms in niche markets including agricultural banking, housing and SMEs.
The prime minister said the government would provide full support for highlighting women in entrepreneurship.
He said the number of banking courts were being enhanced, adding multi-pronged strategies were being adopted to increase revenue with incentive based structure.
The prime minister said macro finance holds huge potential and the government would provide full support to it. He said Islamic banking was flourishing with support of the government.
Prime Minister Abbasi told the bankers that China Pakistan Economic Corridor (CPEC) was a huge opportunity and we need to work together for utilizing its fullest potential for uplifting socio-economic status of the people of Pakistan.
Senior Management of private banks lauded the role of the government in implementing the fiscal policies that have resulted in economic growth and flow of investment in Pakistan.
