Further, in order to mobilize the Islamic Windows of commercial banks for agricultural financing, the disbursement
targets of Rs 50.0 billion were assigned for 2018-19.
In order to mobilise the Islamic Windows of commercial banks for agricultural financing, a disbursement
target of Rs50 billion was assigned for 2018-19.
The agri-related disbursements
in FY19 were 21pc higher than Rs972.6 billion last year.
Moreover, Microfinance Banks (MFBs) as a group have achieved 98.7% by disbursing agriculture loans of Rs 154.0 billion to small farmers which is 23% higher than the disbursement
of Rs 124.8 billion during same period last year.
Pierre Moscovici, Commissioner for Economic and Financial Affairs, Taxation and Customs, said: "This disbursement
demonstrates the EU's continued commitment to supporting Tunisia and its people.
READ:Reenacted budget saps economic growth in Q1 "In the first quarter of 2019, actual government disbursements
amounted to P778 billion, barely rising from the 772 billion pesos in 2018," Dominguez said.
'For us to achieve this year's disbursement
target, the government must spend a total of around P2.996 trillion from the second to fourth quarters of the year.
A breakdown of the disbursements
showed that the Federal Government received N803.18billion in the first quarters of this year, saying this was 1.18% lower than the N812.8 billion the Federal Government received in the same period in 2018 and 46.2% higher than the N549.1 billion disbursed in the corresponding quarters of 2017.
Sharing his thoughts on the development, Aslam Hayat, Acting CEO, Telenor Microfinance Bank, said, "We are glad to extend Easypaisa's Salary Disbursement
Solution to support AFGI and AA.
This indicative agriculture target is 43% higher than the last year's target and actual disbursements
of Rs 972.61.5 billion in 2017-18.
Luvleen Sidhu, Co-Founder, President and Chief Strategy Officer at BankMobile, said, "Our disbursements
program is meant to help partner colleges and universities efficiently, securely and cost-effectively disburse refunds to students.
'This is the sort of erratic disbursement
the council insists affects absorption of funds and worse still when close too Sh53 billion is released on the last date of the financial year,' Nanok said.
Talking to BSS, a senior official of the Bangladesh Bank said the banks have been able to exceed the agriculture loan disbursement
target in the last couple of years due to the BB's strict monitoring over the firm loan disbursement
trend of the schedule banks.
The minister also pointed out that the disbursement
operations are going seemingly.
ISLAMABAD -- Agricultural Credit disbursement
in the country during the period from July-March, 2016-17 grew by 22.7 percent as compared the same period of last year.