Finance Minister Commends PM Youth Business and Agriculture Loan Scheme
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb convened a meeting with the Chairman of the Prime Minister’s Youth Program, Rana Mashhood Ahmad Khan, at the Finance Division today.
Overview of the Prime Minister’s Youth Business and Agriculture Loan Scheme
During the meeting, Rana Mashhood Ahmad Khan provided a comprehensive overview of the Prime Minister’s Youth Business and Agriculture Loan Scheme. This initiative aims to foster entrepreneurship among young people by offering business loans with favorable terms and low markup rates. The scheme is accessible through Commercial, Islamic, and SME banks, making it easier for youth to start and grow their businesses.
Support and Recognition from Federal Minister Aurangzeb
Senator Aurangzeb expressed appreciation for the loan scheme, acknowledging it as a valuable program for supporting small and medium enterprises (SMEs). He commended the initiative for its potential to stimulate entrepreneurial activity and drive economic growth. The Federal Minister affirmed his support for the program, recognizing its significance in enhancing business opportunities and economic development.
Discussion on Scheme Structure and Expansion
The meeting included a discussion on the current structure of the loan scheme, which operates through three distinct tiers. The conversation also explored the possibility of adding more tiers to the scheme to further enhance its effectiveness and reach. This discussion underscored the government’s commitment to improving opportunities for youth and promoting sustainable business development throughout the country.
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Finance Minister Commends PM Youth Business and Agriculture Loan Scheme
Government’s Commitment to Youth and Business Development
The meeting highlighted the Government’s ongoing dedication to creating opportunities for young entrepreneurs and supporting sustainable business growth. By evaluating and potentially expanding the loan scheme, the government aims to strengthen its support for the youth and contribute to the overall economic advancement of the nation.
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