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‘Kamyab Jawan’: PM decides to enhance loaning limit up to Rs25m

‘Kamyab Jawan’: PM decides to enhance loaning limit up to Rs25m

ISLAMABAD: Prime Minister Imran Khan on Tuesday decided to further provide greater entrepreneurship opportunities to the country’s youth by enhancing loan limits under the Kamyab Jawan programme from the current limit of Rs5 million to Rs25 million.

The decision was taken at a meeting with PM’s Finance Adviser Dr Abdul Hafeez Shaikh and PM’s Special Assistant on Youth Affairs Usman Dar, the PM office media wing said in a press release.

It was also decided to curtail the interest rate from current 8 per cent on the borrowed amounts, besides inclusion of all banks in the Kamyab Jawan programme.

During the meeting, the prime minister also directed to expedite the process of distribution of amounts among the applicants after improvement in the current situation.

He said the country’s youth should be extended with further opportunities and facilities.

Mentioning the critical role of the youth in stabilising the country’s economy, PM Imran observed that after relaxation in the lockdowns, the youth should be encouraged to excel in the small and medium entrepreneurships.

The premier further said that youth were the real asset of the country and the government was keen to further invest on them.