Finance Minister Aurangzeb urges Pakistani banks to increase lending to priority sectors (agriculture, SMEs, IT) to stimulate economic growth.

Finance Minister Muhammad Aurangzeb urges banks in Pakistan to increase lending to priority sectors to stimulate economic growth and development. Aurangzeb met with State Bank Governor Jameel Ahmad and leading bank CEOs to discuss enhancing financing and lending to agriculture, SMEs, and IT sectors. The minister emphasized the critical role of the banking sector in supporting the government's development agenda and aims for a new IMF program to last for at least three years.

March 29, 2024
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