In an effort to provide greater business opportunities to the country’s youth, Prime Minister Imran Khan has decided to extend the loan limit under the Kamyab Jawan scheme.
According to details, the Prime Minister has decided to raise the current limit of Rs. 5 million to Rs. 25 million.
The decision was taken during a meeting with Advisor on Finance Dr. Hafeez Shaikh and Special Youth Affairs Assistant Usman Dar, according to a press statement issued by the office’s media department.
It also decided to reduce interest rates from 8% on loans and put all banks in the Kamab Jawan system. During the meeting, the prime minister also directed that speeding up the process of distributing tariffs among applicants after making progress in the current situation.
He also said the country’s youth should be given more opportunities and resources.
Commenting on the important role of the youth in strengthening the world economy, he noted that after being free from closure, young people should be encouraged to excel in small and medium enterprises.
The Prime Minister also added that the youth are the real property of the country and the government is willing to invest in it.