Banks, DFIDS should make maximum investment in agriculture and floriculture

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FAISALABAD : Banks and DFIDS should make maximum investment in agriculture and floriculture in Pakistan. This was stated by Dr Mushtaq Ali Khan Chief Economic Advisor of State Bank of Pakistan (SBP) at a special meeting of Agri focus group held in State Bank of Pakistan. Underlining the importance of agriculture he said, that agriculture surplus should be exported to fetch much-needed foreign exchange.

He said that in this connection horticulture and floriculture are the most lucrative sectors, which have potential to contribute substantially towards national earnings and poverty reduction. Dr Mushtaq director SFSD said that the objectives of this meeting are to identify the issues and problems confronted by small farming community. He said that SBP has issued clear instructions to provide subsidised credit facility to the farmers.Sajjad Ali Shah Chief Manager SBP said that this is a great need to organise agriculture festivals for the awareness of farming community. The leading agriculturists Sadiq Naseem, Tariq Munir Secretary Kisan Board, Dr Javed Akhter and Ibrar Rana also addressed the meeting. The representatives of various banks and farmers also attended the meeting.

Courtesy: Business Recorder

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