Pakistan targets Rs2trn SME financing by 2028

Federal Finance Minister Muhammad Aurangzeb chaired a meeting to review progress on expanding access to finance, emphasizing implementation and measurable outcomes. Outstanding SME finance grew by Rs23 billion to Rs1.137 trillion by September 2026, with borrowers reaching 350,862. The minister called for an ecosystem-wide approach involving banks and microfinance institutions to meet the ambitious Rs2 trillion target. This long-term economic development is unlikely to have an immediate, direct impact on gold or currency rates.

بحوالہ / Source: www.brecorder.com