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In addition to loans, the program supported a skills scholarship initiative, a talent hunt for youth sports, and the establishment of a National Youth Council. However, in July 2022, the State Bank of Pakistan paused disbursements under the Kamyab Jawan Program. [4] The programme was revived by the Shehbaz Sharif government at the end of the ...
At the program's start in 2008, the Pakistani government allocated RS 34 billion, or $425 million, for BISP; the allocation doubled to RS 70 billion, or $875 million in the following year. [ 12 ] The Benazir Income Support Programme is planning to launch a new initiative that encourages human capital development through a conditional cash ...
Akhuwat's loan portfolio consists of 58% male borrowers and 42% female borrowers. [12] The most common type of loan offered by Akhuwat is the Family Enterprise Loan which comprises 92% of Akhuwat's loan portfolio. The loan is intended for the entire family that is involved during the process of appraisal and lending.
Islamabad is seeking a new, larger long-term Extended Fund Facility (EFF) agreement with the fund after a current $3 billion standby arrangement expires this month. Pakistan PM discusses new loan ...
The company was registered on 31st Dec. 2008 and an initial endowment fund was established with a seed money of Rs.2 billion. The endowment fund has now been increased to Rs. 8 billion and the Government of Punjab, Pakistan has pledged to raise the endowment fund to Rs. 10 billion during the current FY 2012-13. Only the investment proceeds out ...
Pakistan Bait-ul-Mal focuses on supporting widows, orphans, the disabled, students, and the elderly, providing financial aid such as Rs 25,000 per household with more than one disabled person. [1] It is also the sponsor of Benazir Income Support Programme. It also provides money to poor and deserving students of almost all universities of Pakistan.
Microfinance Program (Mawakhat) provides small and interest-free loans to underprivileged individuals in Pakistan to help them start or expand their businesses. [21] Alkhidmat's Mawakhat program includes dedicated efforts to empower and support the transgender community, fostering economic independence and livelihood opportunities. [35]
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