Loans scheme to change millions’ lives, says PM

Dec 03, 2013| Courtesy by :

ISLAMABAD  – Prime Minister Muhammad Nawaz Sharif has said that 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 said this while chairing a meeting on the Prime Minister’s Business Loans Scheme held at PM’s House on Monday evening.
The Prime Minister said that proportionate equality would be ensured in the distribution of loans to youth, across the country. He added that the youth must be involved to achieve economic revival in the country. “Economic growth is not possible without promoting small and medium business enterprises,” said the Prime Minister.
“Creating jobs and reviving economic activities through actively involving the youth was my promise with the youth of my country. It is time that we materialise the promises I made with them during election campaign,” expressed the Prime Minister.  The Premier categorically stated that no laxity and corruption would be tolerated in the execution of the business loans scheme. He added that facilitations counters would be established at banks for assisting the applicants.
The Prime Minister further said that more than 0.5 million young people will be given business loans in 5 years. He 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 Parvez Rasheed, Minister for Information, Broadcasting & National Heritage, Maryam Nawaz Sharif, Chairperson of Prime Minister’s Youth Programme, Secretary Finance and other senior officials.