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Wednesday, May 8, 2024

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Pakistani financial institutions disburse a record PKR1.78 trillion (US$6.18 billion) in agricultural financing during FY 2023

PAKISTAN: Financial institutions in Pakistan, including Islamic banks, have disbursed a total of PKR1.78 trillion (US$6.18 billion) in agricultural financing during FY 2023 ended the 30th June 2023, the State Bank of Pakistan said in a statement.

The amount is a new record, and reflects a growth of over 25% when compared with the PKR1.42 trillion (US$4.93 billion) disbursed during FY 2022.

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