ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Monday said the government’s loans scheme for the youth would certainly change the lives of millions of people in the country.
He reiterated to ensure transparency, merit and equal distribution in loan schemes for the youth.
He was chairing a meeting on the Prime Minister’s Business Loans Scheme here at the PM House.
The Prime Minister said proportionate equality would be ensured in the distribution of loans to youth across the country and added that the youth must be involved to achieve economic revival in the country.
He said economic growth was not possible without promoting small and medium business enterprises.
“Creating jobs and reviving economic activities through actively involving the youth is my promise with the youth of my country. It is time that we materialize the promises I made with them during election campaigns,” said the Prime Minister.
He categorically stated that no laxity and corruption would be tolerated in the execution of the business loans scheme. He added that facilitation counters would be established at banks for assisting the applicants.
The Prime Minister further said that more than 0.5 million young people would be given business loans in five years and added that these 0.5 million beneficiaries would certainly improve the lives of millions of families and give a boost to the economic activities in the country.
The meeting was also attended by Parvaiz Rashid, Minister for Information, Broadcasting & National Heritage, Mrs Maryam Nawaz Sharif, Chairperson of Prime Minister’s Youth Programme, Secretary Finance and other senior officials.