The government brought great good news to the youth

 

The government has given great good news to the youth by increasing the loan limit in the "Successful Youth Program" from Rs 5 million to Rs 2.5 crore. According to private TV, while talking to the media in Islamabad along with Usman Dar, Finance Advisor Dr. Abdul Hafeez Sheikh gave the good news to the youth and said that the focus of Prime Minister Imran Khan's policies is the common man. However, now the government has increased the amount of loans, and now loans will be given to the youth up to Rs 2.5 crore. He said that the mock-up rate on loans is being halved, to be provided to the youth. The interest rates on loans have also been reduced. Interest rates will also be reduced for those who have received loans. Our policy is to give money to the people and give them autonomy in business, he said. More than Rs 1 billion has been disbursed to 2900 youths while loans have been sanctioned to another 7500 youths. Successful youths are providing all possible funds for the program. Financial Adviser Dr. Abdul Hafeez Sheikh said that encouragement of small scale industries and traders is a big challenge, relief package of Rs. 1200 billion has been given to the industrial sector affected by Corona, revenue collection has increased by 23% more than our expectation, Consumption of petrol and diesel has also increased, Corona has recovered from difficult days and the economy is improving, Pakistan Stock Exchange came second in Corona, Moody's raises Pakistan's rating, which is welcome, with international organizations, including Bloomberg, acknowledging the improvement in Pakistan's economy. He said no government grant has been given to any government agency, encouraging small businesses and businesses.