State Bank of Pakistan (SBP) arranged celebration regarding Independence Day. Governor SBP Ashraf Mahmood Wathra performed flying hosting ceremony. At this moment he was addressing a conference at SBP head office and said that sacrifices were made by our great leaders for achieving independence.
According to a report SBP launched its five years strategic plan “SBP vision 2020” include 6 basic purposes and factors visible policy of financial policy, establish financial system, performance of banking system, advance and efficient method of payment, evaluation banking performance and enforce its effectiveness and provide finance to meet the needs.
Mr. Ashraf Wathra has said that historical decrease was done in interest rate that’s why business loan ratio is increasing day by day. Pakistan economy is going toward betterment and it will increase production capacity. It is great achievement for banks regarding historical increase in agriculture loan.
SBP is playing important role since last 4 years regarding agriculture loan promotion. Agriculture loan demand increase around 80 percent and commercial bank meet 57 percent of this need it is appreciable. While small farmers many problem to get the loan but it can be solved. It is our collective responsibility in transforming Pakistan into a strong and thriving country. It may require some sacrifices which were taught by our leaders.
We should keep in our mind to make the vision affect great achievement for the future of a nation. Today we should take decision we can do anything for Pakistan and we will not back from any types of hurdles or we are ready to tackle the serious problems. As well as we will follow instructions of founder of Pakistan.
By Talha Pasha