By Sardar Khan NiaziIn the world of economics, private sector credit is often hailed as the lifeblood of growth. However, the relationship between private sector credit and economic prosperity is far from straightforward. Private sector credit refers to the loans and financial products extended by banks and other financial institutions to businesses and individuals. In developing economies, the absence of private sector credit can stifle growth. The question then becomes how do we ensure that private sector credit serves its intended purpose.

Source: The Patriot January 08, 2026 19:57 UTC