Govt Announces Rs. 1.5 Trillion Farm Loans

As Pakistan targets Rs, prime Minister Shehbaz Sharif has pressed banks to expand agricultural financing and improve access to loans for small farmers.

Key points

• 1, 352 billion by the end of September 2026, benefiting 3, 455, 313 individuals.
• The session reviewed progress under the Prime Minister's Apna Ghar Program, lending to small and medium enterprises (SMEs), and agricultural financing.
• In the SME sector, approximately 350, 862 business owners have received loans totaling Rs.
• The prime minister emphasized that agricultural financing was essential to improving farmers' livelihoods, increasing crop production, and strengthening food security.
• Shehbaz pressed narrowing the gap between loan approvals and disbursements to ensure timely delivery of funds to beneficiaries.

Meanwhile, the session reviewed progress under the Prime Minister's Apna Ghar Program, lending to small and medium enterprises (SMEs), and agricultural financing. Shehbaz praised banks for their efforts to expand lending in these priority sectors, saying improved access to finance would backing employment, investment, production, and economic expansion.

According to a briefing, agricultural loans reached Rs. 1, 352 billion by the end of September 2026, benefiting 3, 455, 313 individuals. The administration has set a target of increasing agricultural lending to Rs. 1, 500 billion and expanding the number of beneficiary farmers to 4.5 million by June 2027. SBP Reserves Gain $15 Million.

Meanwhile, the prime minister emphasized that agricultural financing was essential to improving farmers' livelihoods, increasing crop production, and strengthening food security. He pressed prioritizing small farmers so they could adopt modern farming practices and improve productivity, adding that major banks should additionally serve small farmers.

In practice, the session was additionally briefed that loans worth Rs. 426 billion had been approved under the Apna Ghar Program, of which Rs. 76 billion had been disbursed. For fiscal year 2026 to 2027, the program intends to provide Rs. 700 billion in financing for the construction and delivery of 125, 000 housing units.

Shehbaz pressed narrowing the gap between loan approvals and disbursements to ensure timely delivery of funds to beneficiaries. Consultations are additionally underway on a framework to improve developers' access to financing. Govt Rejects Rs. 10.1 Trillion Debt Claim Regarding SOEs.

In the SME sector, approximately 350, 862 business owners have received loans totaling Rs. 1, 137 billion. The target for June 2027 is to growth lending to Rs. 1, 500 billion and the number of beneficiaries to 565, 000. Notably, the prime minister remarked SMEs were the backbone of Pakistan's economy and that their expansion would create jobs and stimulate economic activity.

For context, the session was attended by Federal Ministers Ahad Khan Cheema, Muhammad Aurangzeb, Riaz Hussain Pirzada, and Attaullah Tarar, Minister of State Bilal Azhar Kayani, and State Bank of Pakistan Governor Jameel Ahmad. Representatives of National Bank of Pakistan, United Bank Limited, Habib Bank Limited, Meezan Bank, Bank Alfalah, Standard Chartered, Bank of Punjab, BankIslami, and House Building Finance Corporation additionally attended, along with other senior office-holders.

In practice, the bank representatives praised the prime minister's leadership in supporting economic stability and expressed confidence in the government's economic policies. They remarked their cooperation with the administration to expand lending in priority sectors was being strengthened. Stay Connected with ProPakistani.

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