PM Shehbaz commends the economic team’s one year performance for economic stability & development
ISLAMABAD, June 08 (SABAH): The government’s economic team led by Finance Minister Mohammad Ishaq Dar called on Prime Minister Shehbaz Sharif in Islamabad on Thursday and presented the Economic Survey for the year 2022-23.
The Prime Minister commended the economic team’s one year performance for economic stability and development.
He said regardless of the economic challenges left behind by the previous government and unprecedented floods, the services of the economic team for the country’s economy are appreciable.
The Prime Minister said that the government will invest a substantial amount in the next budget for the uplift of agriculture and IT sectors.
He said the small farmers will be provided with high quality seeds and equipped with state of the art agriculture equipment. He said that interest free loan program for the small farmers will also be expanded in the next budget. He announced that the government will award prizes to the farmers achieving higher per acre yield.
Meanwhile Prime Minister Mian Muhammad Shehbaz Sharif has approved incorporating in the budget 2023-24 revolutionary programs for the welfare of youth, women and farmers.
Funds have been earmarked for special projects pertaining to the youth, women and agricultural tubewells.
According to details, the youth will be provided with interest free loans while endowment funds will be established for education and sports.
On the pattern of Punjab Endowment Fund, approval has been given by the Prime Minister for the establishment of Pakistan Endowment Fund for Education. Under this fund, scholarships will be provided to the talented but poor students.
A substantial amount has been set aside for the PM Youth Program to extend small loans to the youth. Resources have also been allocated in the budget for provision of various skills to the youth including those relating to the field of IT.
An amount has also been allocated in the budget for provision of one hundred thousand laptops to the youth. The youth will be provided with financial assistance for the IT related start-ups.
Funds have been set aside for promotion of sports activities in the country.
An amount has been earmarked for a program aimed at empowerment of women folk. A program has been approved to convert agricultural tubewells to solar energy.