ZTBL provides finance for 908 tractors

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ISLAMABAD - Zarai Taraqiati Bank Limited (ZTBL) has provided financial assistance for purchasing over 908 tractors to growers across the country to mechanise agri-farming and to enhance per acre yield to fulfill the domestic and export requirements.

An official of ZTBL said that out of the total financed tractors by the bank during the year 2011, 884 tractors were distributed in Punjab Province, three in Sindh and 18 in Khyber Pukhtunkhwa.

He said Balochistan, Azad Kahsmir and Gilgit Baltistan farmers were also provided tractor financing to increase yield output to alleviate poverty from the country. He said Rs 58,066.4 million was disbursed among small farmers across the country to fulfill their credit requirements, adding that Rs. 48,381.144 million was provided to small scale growers in Punjab and Rs. 5,541.235 million for farmers in Sindh.

Courtesy: Pakistan Today

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