PM Pushes Gemstone Sector Growth, Expedites Housing & Farm Loans

Prime Minister Shehbaz Sharif expressed displeasure over delays in developing Pakistan's gemstone and jewellery sector, calling for a "Brand Pakistan" initiative and a time-bound action plan to prevent billions in annual losses from substandard mining. Separately, he directed banks to improve lending to priority sectors, setting targets of Rs700 billion for housing loans this year and Rs1,500 billion for agricultural loans by June 2027. These efforts aim to stimulate domestic economic activity, which could offer underlying support for the Pakistani Rupee.

بحوالہ / Source: www.dawn.com