{"id":69240,"date":"2020-08-14T09:50:00","date_gmt":"2020-08-14T04:50:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=69240"},"modified":"2020-08-13T17:02:11","modified_gmt":"2020-08-13T12:02:11","slug":"kamyab-jawan-programme-expanded-five-fold","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/kamyab-jawan-programme-expanded-five-fold.html","title":{"rendered":"Kamyab Jawan Programme expanded five-fold"},"content":{"rendered":"\n

Islamabad: Advisor to the Prime Minister (PM) on Finance and Revenue Dr Abdul Hafeez Shaikh on Wednesday announced a five-fold expansion of the government’s Kamyab Jawan Programme<\/a>, according to news sources. To this effect, the financing limit of the programme has been increased from its existing PKR 5 million ceiling to PKR 25 million; while the mark-up rate has also been reduced from 6% and 8% to 3% and 4%, respectively.<\/p>\n\n\n\n

Read:<\/strong> ADB to collaborate with Pakistan on Kamyab Jawan Programme<\/a><\/p>\n\n\n\n

Dr Shaikh further revealed that this lowered mark-up rate would applicable to those who had acquired loans under previous schemes; adding that the country\u2019s economic indicators had been showing signs of improvement and that 6% increase in exports was registered in July. He said that revenue collection in the first month of the current fiscal year was recorded at PKR 300 billion \u2013 which was 23% more than last year\u2019s figures for the corresponding period.<\/p>\n\n\n\n

Read:<\/strong> Youth to receive \u2018Kamyab Jawan\u2019 loans for establishing utility stores: Umar<\/a><\/p>\n\n\n\n

Meanwhile, Special Assistant to the PM on Youth Affairs Usman Dar said that the government \u2013 under the second phase of Youth Entrepreneurship Scheme \u2013 would commence with the registration process from today (Thursday) onwards. He said that youth of Pakistan could visit \u2018kamyabJawan.gov.pk website from Thursday and apply for the concessionary loans\u2019. He said that candidates who failed to get the loan in the first phase might also apply for this loan.<\/p>\n","protected":false},"excerpt":{"rendered":"

Islamabad: Advisor to the Prime Minister (PM) on Finance and Revenue Dr Abdul Hafeez Shaikh on Wednesday announced a five-fold expansion of the government’s Kamyab Jawan Programme, according to news sources. To this effect, the financing limit of the programme has been increased from its existing PKR 5 million ceiling to PKR 25 million; while the mark-up rate has also been reduced from 6% and 8% to 3% and 4%, respectively. Read: ADB to collaborate with Pakistan on Kamyab Jawan Programme Dr Shaikh further revealed that this lowered mark-up rate would applicable to those who had acquired loans under previous schemes; adding that the country\u2019s economic indicators had been showing signs of improvement and that 6% increase in exports was registered in July. He said that revenue collection in the first month of the current fiscal year was recorded at PKR 300 billion \u2013 which was 23% more than last year\u2019s figures for the corresponding period. Read: Youth to receive \u2018Kamyab Jawan\u2019 loans for establishing utility stores: Umar Meanwhile, Special Assistant to the PM on Youth Affairs Usman Dar said that the government \u2013 under the second phase of Youth Entrepreneurship Scheme \u2013 would commence with the registration process from…<\/p>\n","protected":false},"author":75,"featured_media":60588,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017,15020],"tags":[36946],"persona":[],"class_list":{"0":"post-69240","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"category-social-developments","9":"tag-kamyab-jawan-programme-expanded-five-fold","10":"cat-15017-id","11":"cat-15020-id"},"acf":[],"yoast_head":"\nKamyab Jawan Programme expanded five-fold - Zameen News<\/title>\n<meta name=\"description\" content=\"Advisor to the Prime Minister (PM) on Finance Dr Abdul Hafeez Shaikh on Wednesday announced a five-fold expansion of the government's Kamyab Jawan Programme\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/kamyab-jawan-programme-expanded-five-fold.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kamyab Jawan Programme expanded five-fold - 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