PM to announce interest-free loan scheme

MG News | March 01, 2022 at 10:52 PM GMT+05:00

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March 01, 2022: Prime Minister Imran Khan will launch the disbursement of the interest-free loans scheme on Wednesday for the low-income group under the Kamyab Pakistan Program.

Under Kamyab Pakistan Program – a component of the prime minister’s vision for poverty alleviation – loans worth Rs407 billion would be disbursed among the youths, women, farmers and for the construction of low-income houses during the next two years.

During the said period, the government would provide a subsidy of Rs56 billion for the purpose.

The key objective of the Kamyab Pakistan Program is to provide relief to the low-income group and increase economic growth.

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