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.

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