Pakistan macro economic indicators had improved from past 3 years under Prime Minister Shehbaz Sharief coalition government but its trickle down effect had not passed on to masses until micro economic indicators are improved via consumer banking loans to uplift farmers, job loans to youth, small medium enterprises and value added chain of local grown commodities.
Punjab government under Chief Minister Maryam Nawaz had taken the lead and practically supported the federal government by introducing a range of consumer loans under Bank of Punjab which resulted in early micro economic stability in the largest populated province of the country.
Unlike the past, these consumer loans are offered to all punjab province population without political bias.
“A farmer from the Gujrat (stronghold of PML Q) told me I had taken whole year fertilizers, seeds, and pesticides under Kissan Card. This is the first time ever that Punjab Government easy consumer loans are available for all. His friend another farmer had bought a Tractor via interest free loan from Bank of Punjab, another friend had bought a Shehzore pickup truck for delivery of vegetables and fruits on 5 years interest free plan, solar loans had ease the electricity bills.” These consumer loans had not just changed the paradigm shift of traditional politics in punjab but will eventually bring micro economic stability much faster in Punjab.
CM Punjab Maryam Nawaz had set the trend of practically serving people without political bias which should be followed by other provinces to support the Federal Government in bringing micro economic stability in Sindh,KPK, Balochistan, Gilgit Biltistan and Azad Kashmir.
