Banks asked to provide 40% loans to SMEs to promote small businesses: PM

Government of PakistanBanks asked to provide 40% loans to SMEs to promote small businesses:...

ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif has said that he has asked the banks to provide at least 40 percent of loans to the Small and Medium Enterprises (SMEs) to promote small businesses.

While addressing the Concluding Session of the two-day National Youth Convention in Islamabad on Wednesday, the prime minister urged the youth to engage with SMEs for their economic empowerment and skill development.

The prime minister 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.

The prime minister said that we have to move forward with unity and the Constitution of Pakistan is one such instrument that is binding us all together as one cohesive national force.

Shahbaz Sharif 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, he said that over 70,000 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.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Lt. Gen. S M Kamr-ul-Hassan of Bangladesh met COAS Gen Asim Munir and CJCSC...

0
Rawalpindi, Pakistan: Lieutenant General S M Kamr-ul-Hassan, Principal Staff Officer (PSO) of the Armed Forces Division of Bangladesh, is visiting Pakistan and met with...
Remembering Operation Zarb-e-Azb--- An action to clean terrorism from Pakistan

Pakistan’s Security Situation 2024: 444 terrorist attacks against security forces, resulting in 685 personnel...

0
Monitoring Desk: The year 2024 has proven to be the deadliest year in Pakistan in terms of security forces and civilian casualties in the...
Pakistani students participate in Harvard Model United Nations Dubai 2025

Pakistani students participate in Harvard Model United Nations Dubai 2025

0
Press ReleaseDubai, UAE: Harvard University’s International Relations Council (IRC), in collaboration with WorldView Education, organized the Harvard Model United Nations (HMUN) Dubai 2025 from...

Indian Visa Bumper Sale for Afghans

0
Monitoring Desk: After establishing a strategic partnership, India reopened the "e-Emergency X-Misc Visa" category for Afghans this week in Dubai so both countries can...
Hassan Niazi convicted for May 9 mutiny

Is there any legal justification to set up Judicial Commission on May 9 events...

0
Islamabad, Pakistan: There is a debate going on in journalistic circles about why the should government entertain the demand of PTI to set up...
Advertisement