Prime Minister Announces New Program for Easy Agricultural Loans

Prime Minister Shehbaz Sharif unveiled a scheme for soft agricultural loans under the Public Private Partnership model. He directed authorities to work on sustainable agricultural reforms with provinces. The PM emphasized easy loans for farmers through a public-private partnership. Urgent reforms in Zarai Taraqqiati Bank were also highlighted. The upcoming Public Sector Development Programme will prioritize agricultural projects for mechanization, digitization, and a business-friendly environment. The PM stressed on boosting the economy through sustainable agricultural reforms and enhancing the livestock sector. Coordination between federal and provincial governments is crucial for implementing agricultural reforms. Collaboration among experts, agricultural zoning, and value chain strategies were emphasized for boosting exports and technology for small landholders. Proposals for increasing agricultural production, improving infrastructure, and ensuring easy access to loans were discussed. An 'agriculture innovation and growth action plan' focusing on farmers' income and productivity was progressing well. Secure storage facilities for agricultural commodities were being established. The PM praised the record remittances received during the fiscal year 2024-25, showing confidence in the national economy.