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Rs3.2bn loans written off through budgetary support

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The Finance Ministry said in a written reply that Rs 2.10 billion loans of 31,952 borrowers were waived off under the Prime Minister's Relief Package announced in the Kissan Conference 2009 for calamity hit areas of Malakand Division and other areas.

Similarly, loans to the tune of Rs.1.09 billion of 13,463 borrowers were written off under the PM's Fiscal Relief Package to Rehabilitate Economic Life in Khyber-Pakhtunkhwa, FATA and PATA in 2010.

Copyright APP (Associated Press of Pakistan), 2012