Agriculture sector posing a serious threat to economy: Mian Zahid.

KARACHI -- Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum andAll Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said the agriculture sector is performing poorly to emerge as a threat to the economy. The economy was already under pressure due to circular debt, coronavirus, reduced demand in the international market, FATF, and political struggle and now the failure of cotton crop has added to the worries, he said. Mian Zahid Hussain said that current account surplus and strengthening rupee has

reduced loans and now the government is not as much dependent on loans as earlier leaving banks with little option but to finance the private sector and housing which will trigger growth. Low-interest rate environment and soft loans have also played their role in the economic activity for which credit goes to the SBP. However, he said that the agriculture sector is not...