NBP president says PM Youth Business Loan will reduce unemployment

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In the second balloting ceremony, 5169 candidates have been declared successful for Prime Minister Youth Business Loan Scheme, among them 4504 male and 665 females. The cheques among the successful candidates of previous balloting were distributed in an auspicious ceremony organized in Convention Center Islamabad. Under this scheme, around Rs.5.0 billion are being disbursed to the successful applicants of first balloting bur the candidates who could not be able to come, the loan disbursement to them will be made in the month of June. Syed Ahmed Iqbal Ashraf President & CEO National Bank of Pakistan said that one of the key drivers for attaining sustainable economic growth is the availability of credit through the banking sector.

 

2 COMMENTS

  1. This is indeed a great and confident thought by NBP president. I like his words and hopefully such youth business loan will definitely reduce unemployment rate in Pakistan. Thanks for letting know some good information regarding such topic.

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