ISLAMABAD – The Prime Minister’s Youth Program (PMYP) has successfully disbursed loans worth Rs. 209 billion to 31,700 young entrepreneurs across Pakistan, aiming to boost economic growth and self-employment opportunities.
According to official sources, the program has significantly contributed to the country’s entrepreneurial ecosystem by providing financial assistance to aspiring business owners in various sectors, including agriculture, technology, and small enterprises. The initiative aligns with the government’s vision of empowering youth and fostering economic development.
Under the PMYP, loans are offered at subsidized rates to support innovative business ideas, create job opportunities, and encourage self-sufficiency among the younger generation. The government has pledged continued support to ensure financial inclusion and sustainable economic progress through such initiatives.
Experts believe that this funding will play a crucial role in reducing unemployment and driving economic stability by enabling young individuals to establish and expand their businesses.
The beneficiaries of the program have expressed gratitude for the financial support, emphasizing that access to capital has allowed them to transform their business ideas into reality.
The PMYP continues to receive applications from aspiring entrepreneurs, with the government vowing to extend further assistance to strengthen Pakistan’s youth-driven economy.
