ISLAMABAD – Prime Minister Shehbaz Sharif has directed authorities to devise a comprehensive framework for extending easily accessible loans to farmers, with an emphasis on supporting small and medium-scale agricultural operations.
Public‑Private Loan Model Underway
Chairing a high-level review meeting on agricultural development, the prime minister endorsed a Public‑Private Partnership (PPP) approach to financing farmers. He instructed the formulation of a strategy to operationalise “soft” loans under the upcoming Public Sector Development Programme (PSDP).
Focus on Small Landholders
Shehbaz Sharif reiterated the need to prioritise farmers owning less than 12 acres, urging provision of credit facilities tailored to the needs of smallholders. The strategy will focus on modernising farming through access to mechanisation, digital tools, quality seeds, and artificial intelligence platforms.
Institutional and Structural Overhaul Planned
The prime minister called for urgent reforms in the Agricultural Development Bank (ZTBL) to ensure transparent and efficient loan disbursement. He emphasised that agricultural sector initiatives—including livestock reforms, infrastructure development, and value‑chain enhancements—should be aligned with broader economic growth objectives.
Integration of Innovation and Export Strategy
Officials were tasked with preparing a national Agri‑Innovation and Growth Action Plan. Measures include enhanced storage capacity, agricultural zoning, and value-added processing to drive exports. Shehbaz Sharif highlighted the importance of involving experts to craft both short‑ and long‑term reforms.
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