Karachi March 10 2022: Finance Division, Government of Pakistan (GoP) has communicated the Federal Cabinet’s approval regarding expansion of Kamyab Pakistan Program throughout Pakistan as per already approved features by the Cabinet to enhance its outreach and impact, according to circular issued by State Bank of Pakistan today.
Interested banks/DFIs/MFBs are advised to take necessary action in this regard by the State Bank of Pakistan.
While Addressing the launching ceremony of interest-free loans under Kamyab Pakistan Programme at the Faisal Mosque on 2nd March 2022, PM Imran said 4.5 million families would benefit from the interest-free loans to start their small businesses, construct homes, farming and learning technical education.
In a bid to make low-income segments of the society financially self-reliant, Prime Minister Imran Khan launched an interest-free loan programme worth PKR 407 billion.
Under Kamyab Pakistan Programme, the loans will be disbursed among the youth, women, farmers and for the construction of low-income houses during the next two years.
