Dossier
Access to Finance Plan
Coverage of Access to Finance Plan in the Nexus archive.
- Banking inertia
Pakistan's government repeatedly urges banks to increase lending to SMEs, but progress remains stagnant due to perceived risks and banks' preference for safer government loans. Despite initiatives like the Access to Finance Plan aiming to boost SME credit access, banks cite challenges like weak legal enforcement and lack of SME financial data, while prioritizing low-risk government securities.