PM Shehbaz orders easier credit for SMEs

PM Shehbaz orders easier credit for SMEs

Prime Minister Shehbaz Sharif on Wednesday directed the State Bank of Pakistan and commercial banks to further simplify and expand credit mechanisms for SMEs, new businesses and small farmers amid terming improved access to finance a top government priority for economic growth and inclusion. He made these remarks while chairing a high-level review meeting on facilitation of loans for SMEs, small farmers here, a Prime Minister's Office statement …

PM Pushes Easy Loans for Small Enterprises

Prime Minister Shehbaz Sharif has directed banks and financial institutions to provide small and medium enterprises (SMEs) with loans on easy terms. The move aims to strengthen SMEs, which are considered the backbone of Pakistan’s economy, and unlock their export potential. During a high-level meeting, the government presented a three-year roadmap for SME development, highlighting strategies to address operational challenges, increase competitiv…

Private Sector Lending Hits Rs. 1.1 Trillion as PM Pushes Loan Reforms

Prime Minister Muhammad Shehbaz Sharif has instructed the State Bank of Pakistan (SBP) to simplify loan procedures for small and medium enterprises (SMEs), startups, and small farmers, as private sector lending crossed Rs. 1.1 trillion by December 2025, signaling growing credit penetration in the economy. Chairing a high-level review in Islamabad, the prime minister emphasized […] The post Private Sector Lending Hits Rs. 1.1 Trillion as PM Pushe…