Looters and plunderers have pushed the country on the brink of collapse by misappropriating billions of rupees and it is time to bring them to justice and recover the looted money to end poverty and unemployment and break the shackles of slavery, Punjab Chief Minister Shahbaz Sharif said on Thursday.
Addressing an inaugural ceremony of a project by the Punjab government to issue interest-free loans, he said that a revolution could be brought about by providing such loans. He said the Punjab government, with the collaboration of Akhuwat, was starting a project to issue interest-free loans worth one billion rupees. He said the loans would enable the skilled youth to earn livelihood in a respectable manner and play their role in increasing national production.
Akhuwat Chief Executive Dr Amjad Saqib informed about the activities of the organization and the project of provision of interest-free loans.
The chief minister praised Akhuwat for working to eliminate poverty and unemployment from the province by providing loans of over Rs 1.25 billion to the poor and deserving families during the last ten years. He said the project would provide interest-free loans of Rs 1 billion this year and that the amount would be increased next year.