Friday, 1 November 2013

Livestock insurance: SBP teams up with banks, SECP State Bank of Pakistan,

LAHORE, The State Bank of Pakistan, in collaboration with SECP, banks, insurance companies and provincial livestock and dairy departments, has developed a framework for livestock insurance for borrowers.

It is aimed at improving access to finance to the livestock and dairy sector by mitigating risk of loss of livestock due to disease, natural calamities and accidents. The livestock sector contributes 55 per cent in agriculture GDP and 11.4 per cent to the overall GDP.

It is an

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