Pakistan’s agricultural lending reached a record Rs. 1.412 trillion during the first six months of FY26, benefiting nearly three million farmers across the country.
The figures were shared during a high level meeting chaired by Jameel Ahmad, Governor of the State Bank of Pakistan.
Officials described the surge in farm credit as a sign of gradual economic recovery and improved financial access in rural areas. Agriculture remains a backbone of Pakistan’s economy, contributing significantly to GDP and employing a large portion of the workforce.
Expanding credit to this sector is seen as critical for boosting crop yields, stabilizing food supply, and supporting rural incomes.
During the meeting, banks were encouraged to increase lending to small farmers through digital platforms and risk coverage schemes.
The governor emphasized the importance of financial inclusion, noting that small landholders often face difficulty accessing formal credit due to collateral and documentation barriers.
Officials also reviewed proposals for improved crop insurance programs and warehouse financing systems. These measures aim to help farmers manage post harvest liquidity, reduce losses, and secure better prices for their produce.
Warehouse receipt financing, in particular, allows farmers to store crops and obtain short term loans instead of selling immediately at lower market rates.
Experts believe sustained growth in agricultural financing can strengthen rural economies and enhance food security. If managed effectively, expanded credit and improved risk management tools could support long term, sustainable development in Pakistan’s farming sector.
