ISLAMABAD – At a ceremony in Islamabad on Wednesday, Prime Minister (PM) Imran Khan announced the start of interest-free loans under the Kamyab Pakistan Program.
During his speech at the ceremony, Prime Minister Nawaz Sharif expressed sorrow that Pakistan could not attain its rightful place in the community of countries in the past because it did not follow the philosophy for which it was founded. He observed that nations that lose sight of their ideology are doomed to failure.
Imran Khan has stated that under the Kamyab Pakistan Program, loans of one thousand billion rupees will be granted to four and five million worthy households by next year in order to raise them out of poverty and enable them to make a living. He stated that loans of 2.5 billion rupees had already been made available under the initiative.
The prime minister stated that the Kamyab Pakistan Program, which aims to move the country into a welfare state, will be expanded further.
According to Imran Khan, the Kamyab Pakistan Program envisions interest-free loans of 500,000 rupees for enterprises, 500,000 rupees for farmers, and two million rupees for house development.
He also stated that one member of each qualified household will receive technical training to enable them stand on their own.
He also alluded to other pro-people efforts, including as the health insurance system, and stated that this route, which was envisioned by Philosopher Poet Allama Iqbal, will lead the country to grandeur.
The Prime Minister stated that he will establish the Rahmatul-lil Alameen authority tomorrow with the goal of familiarising our young with the life and teachings of Hazrat Muhammad Rasool Allah Khatam-un-Nabiyeen Sallallaho Alaihe Wa Ala Alayhee Wa Ashabehi Wassalam.
Prime Minister Imran Khan also expressed delight with the FBR’s record income collection, stating that as a result of increased revenue, the government was able to lower fuel and diesel rates by ten rupees per litre and electricity tariffs by five rupees per unit.
He urged people to pay their taxes and told them that the money would be utilised to help the impoverished and decrease the burden of inflation on the people.