PM’s youth loan scheme relaunched

In the picture taken on August 19, 2022, Pakistan's Prime Minister Imran Khan addresses a ceremony in Islamabad for the distribution of $171 million among 1.5 million families affected by floods. (PID/File)

December 13: Business recorder reported the government has relaunched the Prime Minister’s Youth Loan Scheme with revised features including interest-free microloans and agriculture loans. Under the revised scheme titled Prime Minister’s Youth Business & Agriculture Loan Scheme (PMYB&ALS), eligible borrowers can avail financing up to Rs 0.5 million at zero interest rate. Read more I