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.
Wolf attack in Central Kurram leaves 9 injured, including child
- an hour ago

FM reveals no plans for salary boost or pension increase in new budget
- 2 hours ago

Sindh introduces scholarship and job portal to boost education, employment
- 3 hours ago
Weekend US tornadoes leave at least 40 dead
- an hour ago
SpaceX aims to send robots to Mars by 2026, humans expected by 2029-2031
- an hour ago

PSX continues rally as KSE-100 gains 663 points amid IMF optimism
- 2 hours ago

Trump’s attacks on higher ed could provide a chance to reimagine the university
- 2 hours ago

Security meeting scheduled amid rising terror threats in Pakistan
- 2 hours ago

Houthis launch twin attacks on USS Harry Truman
- an hour ago

Gold glitters, historic high in Pakistan
- an hour ago

UConn-Creighton ends in scuffle over 'fancy' dunk
- an hour ago

TTP camps destroyed in Khyber Pakhtunkhwa during police operation
- an hour ago