July 29, 2021
ISLAMABAD: The government has decided to launch an ambitious Kamyab Pakistan Programme (KPP) to uplift 4.5 million underprivileged households to disburse Rs1.6 trillion subsidised loans.
In the past, governments had made such plans but they never succeeded to lure the banking sector first of all and secondly customers because of inability to adopt simplified procedures. According to an official statement, Federal Finance and Revenue Minister Shaukat Tarin has chaired a meeting of the Steering Committee and Advisory Board of the Kamyab Pakistan Programme (KPP) through a video-link which was participated in by
SAPM on Finance and Revenue Dr. Waqar Masood, SAPM on Youth Affairs Mr Usman Dar, RSPN Chairman Shoaib Sultan, Finance Secretary Yusuf Khan, Akhuwat Executive Director Dr Amjad Saqib, PMN CEO Mohsin Ahmed, NRSP CEO Rashid Bajwa, HBL Chairman Sultan Ali Allana, BoP President Zafar Masud, Kashaf Foundation MD Roshaneh Zafar, Ex-SBP governor Syed Salim Raza and oth
KPP to uplift 4 5m under privileged households: Tarin dunyanews.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dunyanews.tv Daily Mail and Mail on Sunday newspapers.
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).
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).