At the request of the State Bank of Pakistan, PAC CEO Mr. Kazim Saeed presented to the SBP Governor’s Agriculture Credit Advisory Committee on scaling up Pakistan’s Electronic Warehouse Receipts (EWR) regime.
Key message: The proof of concept is complete.
Over 8 seasons:
~4,000 EWRs issued
$65m in agri-commodities financed
Rs. 8bn in bank lending
Zero defaults
It’s time for SBP to issue regulations that shift Muqaddam-based and informal pledge lending to a formal EWR framework, unlocking safer credit for farmers and stronger export supply chains.
