Federal govt decides to scale back rate of interest on agricultural debt

Federal Minister for Finance Ishaq Dar
The Federal Authorities has determined to scale back the rate of interest on agriculture money owed.

Federal Minister for Finance Ishaq Dar has chaired the particular assembly relating to agricultural loans during which loss was coated loss confronted by farmers for manufacturing of rice, cotton and different agricultural commodities.

On this connection schedule banks together with agricultural improvement financial institution have proposed that rate of interest of agricultural loans’ have to be diminished so as present aid to farmers for this loss. As accountable of schedule banks have assured to implement over this proposal and mentioned farmers ought to be supplied aid by lowering the mark-up of those loans.