Browsing: Kamyab jawan program

Prime¬†Minister¬†Imran¬†Khan¬†will¬†launch¬†the¬†Kamyab¬†Pakistan¬†Programme¬†(KPP)¬†on¬†Monday,¬†which¬†aims¬†to¬†change¬†the¬†lives¬†of¬†the¬†country’s¬†underprivileged¬†people. According¬†to¬†the¬†specifics,¬†the¬†initiative¬†would¬†distribute¬†Rs1,400¬†billion¬†in¬†microcredit¬†to¬†the¬†poorest¬†of¬†the¬†poor,¬†3.7¬†million¬†households,¬†providing¬†them¬†with¬†much-needed¬†financial¬†assistance¬†to¬†better¬†their¬†living¬†conditions.¬† Only¬†households¬†with¬†a¬†monthly¬†average¬†income¬†of¬†up¬†to¬†Rs50,000¬†per¬†month¬†would¬†be¬†eligible¬†for¬†KPP ¬†financing This¬†is¬†the¬†first¬†initiative¬†of¬†its¬†sort¬†in¬†Pakistani¬†history,¬†in¬†which¬†banks¬†are¬†linked¬†to¬†the¬†poorest¬†segments¬†of¬†the¬†population¬†through¬†microfinance¬†organisations. KPP, the brainchild of Finance Minister Shaukat Tarin, is centred on the notion of financial…