Rs 1 bln for credit guarantee scheme allocated in budget : Dar

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ISLAMABAD, June 3 (APP): Minister for Finance and Revenue,
Senator Ishaq Dar on Friday said the government has allocated Rs 1
billion for credit guarantee scheme in budget for next fiscal year.
In his budget speech he said federal government is sharing
risk of non-payment of credit by small farmers by guaranteeing up to
50 per cent of financing by participating financial institutions.
The small farmers have shown overwhelming interest in that
scheme, he added.