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Daily Times
July 18, 2021
Minister for Finance and Revenue Shaukat Tarin on Saturday said that an extensive consultative process was followed in working out modalities of the Kamyab Pakistan Program ensuring that all relevant stakeholders are on board and it would be launched within current month.
Kamyab Pakistan is a flagship program which shall extend micro-loans to entrepreneurs, small business and farmers at 0% markup without collateral. The key focus is to provide loans to 4.5 million households at the lowest strata, registered with the National Socio Economic Registry (NSER) of Ehsaas Program, said a press release. The Kamyab Pakistan Program reflects the firm commitment of the government in pursuing pro-people agenda and developing Pakistan into a welfare state in line with the principles of Riasat-e-Madina.
This file photo shows Finance Minister in an ECC meeting on July 16. The meeting had approved the Kamyab Pakistan Programme. APP/File
ISLAMABAD: The government will disburse Rs1.63 trillion over the next three years under the Kamyab Pakistan Programme (KPP) which will benefit over three million families.
These figures were finalisedin an extensive consultative meeting presided over by Finance Minister Shaukat Tarin, which made this programme one of the largest of its kind in the world.
Loans will be offered to families with a cumulative average monthly income of less than Rs50,000 with priority to be given to beneficiaries of Ehsaas programme registered with the National Socio-Economic Registry (NSER).
Kamyab Pakistan to be launched within this month
Govt will disburse Rs1.6tr in next three years to uplift under-privileged population
ISLAMABAD:
The government has decided to give Rs1.6 trillion to Kamyab Pakistan programme in the next three years to uplift under-privileged population of the country.
Federal Minister for Finance and Revenue Shaukat Tarin stated that an extensive consultative process was followed in working out modalities of the Kamyab Pakistan programme ensuring that all relevant stakeholders are on board.
Kamyab Pakistan is a flagship programme which shall extend micro-loans to entrepreneurs, small business and farmers at 0% mark-up without collateral. The key focus is to provide loans to 4.5 million households at the lowest strata, registered with the National Socio Economic Registry (NSER) of Ehsaas Programme.