PM seeks strategy for easy loans for farmers

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Prime Minister Shehbaz Sharif on Thursday directed the relevant authorities to present a policy framework for the provision of easy loans to the farmers for medium and small scale agriculture activities.

Priority should be given to providing modern agricultural facilities to farmers owning less than 12 acres of land, the prime minister said while chairing a review meeting on planning for agricultural development and agri-financing.

The prime minister directed to prepare and present a comprehensive plan by the end of this month for providing farmers with easy loans and introducing a system in the agri-financing sector aligned with modern requirements.

On the occasion, a detailed briefing was given on ongoing agricultural reforms, the performance of the Agricultural Development Bank Limited, and the loans being provided to farmers.

Welfare projects

Prime Minister Shehbaz Sharif on Thursday directed to ensure third-party validation for transparency in public welfare projects, especially those related to clean water, electricity, communication, and education.

He emphasised the importance of maintaining high standards in completed and near-completion projects through independent validation.

Chairing a review meeting regarding the development projects of the current fiscal year, the prime minister instructed that delayed projects must be completed as soon as possible.

He stated that the construction of high-quality educational centers like Danish Schools in Gilgit-Baltistan, Azad Jammu & Kashmir, and all provinces was a top priority of the government.

The prime minister added that educational institutions were a vital part of the current fiscal year’s development plans, aimed at providing international-standard education and training to children from economically disadvantaged backgrounds, ensuring equal development opportunities.

He highlighted that water reservoirs were crucial for national integrity, and several projects were currently under construction to this end.

He noted that the establishment of technology parks in Karachi and Islamabad will make Pakistan a significant economic hub for information technology both in the region and globally.

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