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PM launches interest-free loans worth Rs 407 billion

PM launches interest-free loans worth Rs 1000 billion
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Islamabad: Prime Minister Imran Khan has announced the disbursement of interest-free loans worth Rs 1000 billion to four point five million deserving households under the Kamyab Pakistan Program by next year to lift them out of poverty and enable them to earn their livelihoods.

Khan said that loans worth Rs 2.5 billion have already been disbursed under the program.

Khan believes that the project would take the country towards a welfare state.

Elaborating details about the program, Prime Minister said, “Kamyab Pakistan Program envisages interest-free loans of five hundred thousand rupees for businesses, three hundred and fifty thousand rupees for the farmers and two million rupees for the construction of houses.”

To enable each household to stand on its own, Khan said, “technical training will also be provided to one member of each deserving family.”

Referring to other pro-people initiatives undertaken by the government, Imran Khan said that this path was envisioned by Allama Iqbal will lead towards greatness.

Regretting the fact that Pakistan could not achieve its greatness in the past, Khan said that it was because Pakistan did not pursue the ideology for which it was created.

The Prime Minister said that he is inaugurating Rahmatul-lil Alameen authority tomorrow to acquaint our youth with the life and teachings of the Holy Prophet (P.B.U.H).

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