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July 18, 2021
ISLAMABAD: The government has allocated Rs1.6 trillion in next three years to provide easy and concessionary loans to financially assist farmers and small businesses, the finance minister said on Saturday.
Minister for Finance and Revenue Shaukat Tarin said an extensive consultative process is followed in working out modalities of the Kamyab Pakistan program ensuring that all relevant stakeholders are on board. The finance minister commended all concerned who made great efforts in designing the whole program and taking it forward towards its formal launch which is scheduled soon.
Kamyab Pakistan program is a flagship program which will extend micro-loans to entrepreneurs, small business and farmers at 0 percent 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 of Ehsaas Program.