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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 ...
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.
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 ...
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]
About 5000 Ph.D. level scholarships awarded for study in technologically advanced countries (largest program in developing world) and some 3,000 indigenous Ph.D. scholarships have been awarded. The world’s largest Fulbright Scholarship program (US $150 million) launched with joint funding (HEC/USAID)