PM to launch disbursement of interest-free loans Wednesday

PM to launch disbursement of interest-free loans Wednesday

ISLAMABAD, Mar 1 (APP): Prime Minister Imran Khan will launch the disbursement of the interest-free loans Wednesday to the people of the low-income group under Kamyab Pakistan Program.

Under Kamyab Pakistan Program – a component of the prime minister’s vision for poverty alleviation – loans worth Rs 407 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 Rs 56 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.

The launching ceremony will be held at Faisal Mosque.

By Ishtiaq Rao

Ishtiaq Ahmed is a Sr. Reporter who reports on Prime Minister, President, Foreign Office, and special assignments. Backed by 20-year experience, he has written for local and foreign newspapers. Reach out at 03335293238/ [email protected]/ X: ishtiaqrao

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