Prime Minister Shehbaz Sharif announced the “Aasan Qarza Program” (an easyloan program) for the youth. The PM announced that under this program, hisgovernment will provide an easy loan of Rs0.5 million to Rs1.5 million.
PM Shehbaz made this announcement during his address to a ceremony of theeasy loan program for youth in Islamabad on Tuesday.
Youth will be provided interest-free loans up to Rs0.5 million and fromRs0.5 million to Rs1.5 million at an interest rate of 7 percent, the PMsaid adding that these loans will be returned in seven years.
PM Shehbaz said a political price has to be paid to save Pakistan and hewas ready to sacrifice his political earnings in this regard.
The PM said he was ready to sacrifice his life for the country. He alsosaid that the military governments in Pakistan were also responsible forthe current state of affairs in the country.
Read Top Stories
Talking about the loan from the International Monitory Fund (IMF), PMShehbaz said they want to complete the 9th review with the organizationsoon.
He also added that they have given a message to the IMF to fulfill theconditions to move the country forward.
The PM said the State Bank of Pakistan (SBP) wants more to increase thepolicy rate.
