Finance

PM launches Rs 42.65 bln interest-free loan scheme

Islamabad, July 8, 2019: Prime Minister Imran Khan Friday launched the National Poverty Graduation Initiative here to steer the poorest household out of poverty by providing them interest-free loans, assets transfers and vocational and skills training.

I was delighted to launch the National Poverty Graduation Initiative, one of the several initiatives we will launch under @Ehsaas_Pk this year. The key aim is to lift millions out of poverty by targeting funds, resources and skills training at the most marginalized communities.— Imran Khan (@ImranKhanPTI) July 7, 2019

The launching ceremony, held at the PM Office, marked the distribution of cheques of varying amounts of interest-free loans to help the poor establish, or uplift their small scale businesses to support their living.

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