ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Tuesday said that serving the poor segments of society had remained the foremost priority of the present government and the government would continue to make every possible effort to enhance the scope and reach of Prime Minister’s Interest Free Loan Scheme (PMIFL) programme through greater financial allocations.
The prime minister said this while chairing a briefing on the progress of Prime Minister’s Interest Free Loan Scheme (PMIFL) programme at Prime Minister’s Office.
The prime minister, while expressing his satisfaction over the progress of the programme, appreciated the role of Pakistan Poverty Alleviation Fund towards the implementation of the programme in a transparent and effective manner.
The meeting was attended among others by PMIFL Steering Committee Chairman Dr Amjad Saqib, Pakistan Poverty Alleviation Fund (PPAF) CEO Qazi Azmat Isa, Simi Sadaf Kamal and senior officials.
The prime minister was informed that the Interest Free Loan Scheme, a poverty alleviation initiative of the present government, had been recognised worldwide as one of the most effective tools in fighting the menace of poverty and enabling the poor to earn a decent livelihood.
He was informed that an amount of Rs 9.7 billion had been disbursed so far under the programme with 409,805 loans given across the country.
The prime minister was informed that the 99 per cent recovery rate was another manifestation of the success of the programme.
