Maryam Nawaz Launches Phase 2 of Livestock Card with Interest-Free Loans

LAHORE: Maryam Nawaz, Vice President of the Pakistan Muslim League-Nawaz (PML-N), inaugurated the second phase of the Livestock Card initiative on Thursday, announcing the provision of interest-free loans amounting to PKR 16.2 billion to support farmers across Punjab.

During the launch event, Maryam emphasized the government’s commitment to enhancing the agricultural sector and improving the livelihoods of farmers. She stated, “This initiative will empower our farmers by providing them with the necessary financial resources to invest in their livestock and improve productivity.” The Livestock Card aims to facilitate access to credit for small-scale farmers, enabling them to purchase livestock and related resources.

The introduction of these interest-free loans is expected to have a significant impact on the agricultural economy of Punjab, which is a vital sector for the province’s overall growth. By alleviating financial burdens, the initiative aims to boost livestock production, enhance food security, and ultimately contribute to the national economy.

Looking ahead, the Punjab government plans to monitor the implementation of the Livestock Card program closely and assess its effectiveness in achieving its goals. Further announcements regarding additional support measures for the agricultural sector are anticipated in the coming months.