Published On: Thu, Jan 16th, 2014
Published in Category: District News

PM lauds people of Swat for sacrifices against terrorism

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SWAT: Prime Minister Nawaz Sharif has lauded sacrifices of the people of Swat against terrorism. He stated this while addressing a function in connection with the youth loans scheme here on Wednesday.

Prime Minister Nawaz Sharif said all provinces would get equitable share under the PM’s Youth Business Loan Scheme.

Addressing the applicants of loan hailing from Swat, Malakand and Dir, the Prime Minister said the loans would be dispensed in accordance with the population ratio of each province.

The Prime Minister said if the received applicants from a province were less in number, the other provinces would not fill the gap. Instead, he said, the loans for that particular province would be transferred to next month.

He said the applications for business loans would be decided purely on merit regardless of affiliation with any political group.

He said neither prime minister nor a minister could recommend a person seeking loan under this scheme. Nawaz said as a prime minister, he had the responsibility to give utmost support and patronage to the youth of this country.

Prime Minister Sharif urged the youth to get self-reliant by prudently utilizing the business loans and contribute to the national economy.

He asked the youth of Khyber Pukhtunkhwa and Federally Administered Tribal Areas particularly to benefit from this scheme as they had faced huge challenges in the recent past for their sacrifices for peace in their area. He said this was the first time that banks were catering to common people seeking loans.

He mentioned that eighty per cent people in China, America, United Kingdom, France and Germany belonged to middle class who had a major contribution to the economies of their countries. Nawaz Sharif interacted with several loan aspirants and inquired about their plans for business.

Governor KPK Engineer Shaukatullah, Minister for Information Senator Pervaiz Rasheed, Minister for Religious Affairs Sardar Muhammad Yusuf, Advisor to PM Amir Muqam, Deputy Speaker National Assembly Murtaza Javed Abbasi and Chairman National Bank of Pakistan Muneer Kamal were present.
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