Pakistan Prime Minister Imran Khan on Thursday launched a Rs 100-billion worth initiative to empower youths by providing them technical and financial support to start businesses.
A sum of 100 billion Pakistani rupees ($639 million) has been allocated for the Pakistan Tehreek-e-Insaf (PTI) government’s flagship initiative for the welfare of the country’s youth, The Express Tribune reported.
The first phase of the Kamyab Jawan Programme was unveiled at a special ceremony in Islamabad.
PM Khan said, “We have allocated Rs 100 billion for youths under the programmes. Rs 25 billion from the project is earmarked for women”.
Khan further said that loans up to Rs one lakh will be given interest-free, while Rs 10 billion will be used to train 1,00,000 youths.
The entire Kamyab Jawan initiative will help 1 million young people.
“The government will also set up 500 science labs in madrassas across the countries”, Khan added.
The programme is expected to benefit one million young people. The loans will be distributed on a priority basis in 45 underprivileged districts.
Last week, PM Khan visited Iran and Saudi Arabia as part of his initiative to promote peace in the region and discussed security concerns in the Gulf with Supreme Leader Ayatollah Sayyed Ali Khamenei and President Hassan Rouhani
The PM also had a bilateral meeting with the President of Iran on the sidelines of the 74th UNGA Session in New York on September 2019.
Last month on the sidelines of the UN General Assembly in New York, Khan said that Donald Trump had asked him to mediate with Iran to defuse tensions in the Middle East, though the US president later suggested that it was the Pakistani premier who approached him and nothing was final.