PM says the banks to provide at least forty percent of loans to the SMEs to promote small businesses


Islamabad: Prime Minister Shehbaz Sharif on Wednesday urged the youth to engage with Small and Medium Enterprises for their economic empowerment and skill development.
Addressing the concluding session of the two-day National Youth Convention in Islamabad today, he said he has asked the banks to provide at least forty percent of loans to the SMEs to promote small businesses.
Shehbaz Sharif said the key to Pakistan's progress is in the hands of youth and this is the reason the government is fully focused to empower them.
He said the government is utilizing all available resources to facilitate the youth so that they can harness their potential for the progress and prosperity of the country.
He mentioned the youth welfare programs during his tenure as Chief Minister Punjab including the laptop, scholarships and endowment fund schemes.
The Prime Minister said we have to move forward with unity and Constitution of Pakistan is one such instrument that is binding us all together as one cohesive national force.
He urged all political forces to work together in unison with all constitutional institutions of the country within the contours of the Constitution for the progress of the country.
Highlighting Pakistan's indomitable struggle to rid of the menace of terrorism, Shehbaz Sharif said over seventy thousand Pakistanis have sacrificed their lives in the war against terrorism.
He commended the security forces and law enforcement agencies for standing resolute in this war.
On the occasion, the Prime Minister paid tribute to national hero, Olympic Champion Arshad Nadeem for bringing laurels manifold to the country in the Paris Olympics 2024 and elating the national pride and festivity on Independence Day.

Iran’s military vows retaliation in response to Trump’s threats
- 18 hours ago
33 killed, dozens injured as tornadoes hit Central US
- 21 hours ago

Ration distribution turns tragic in Karachi as elderly woman dies in stampede
- 15 hours ago

Four killed, three injured in separate terrorist attacks on police stations in KP
- a day ago

Byrd gets first ECU hit 3 years after amputation
- 7 hours ago

One down, three to go: Chelsea on course for quadruple after League Cup win
- 7 hours ago

Woman dies after falling from Karachi building during drug raid
- 21 hours ago

FIA, IB receive praise from PM for dismantling human trafficking network
- 15 hours ago
Five killed as coaster plunges into ravine in Azad Kashmir
- 20 hours ago
New Zealand storms to nine-wicket win over Pakistan in first T20I
- 21 hours ago
Fire at Kochani nightclub kills 51, injures over 100
- a day ago

Karachi's Soba Nagar transforms through collaborative WASH initiative
- 19 hours ago