KARACHI:
Prime Minister Imran Khan launched the Kamyab Pakistan Programme (KPP) earlier this week with the aim to provide opportunities to the lower strata of the country. The Prime Minister’s overarching goal is to alleviate poverty and improve income generation. During the inauguration ceremony, he said that this “landmark” initiative was introduced because banks did not have the structure to provide loans to people from lower-income groups. He further asserted that the country had made a huge mistake of not following the ideas of the founding fathers, which is the underlying reason of all our ills.
Under the Kamyab Pakistan Programme, approximately Rs1.4 trillion in soft loans will be given to 3.7 million families in Pakistan. The programme is divided into multiple umbrella projects such as the Kamyab Kissan Programme and the Kamyab Karobar Programme, which will provide farmers with interest-free loans and allow financing on easy instalments respectively. Such projects will significantly help uplift and protect lower-income households.
Finance Minister Shaukat Tarin said that the purpose behind launching such a programme is to facilitate citizens through housing projects, heath cards, and skill development. We must recognise and appreciate the Prime Minister’s efforts to stabilise the economy and promote economic development.
Muna Manzoor
Turbat
Published in The Express Tribune, October 7th, 2021.
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