PM approved interest free loan in Pakistan

Islamabad: (May 13, 2014) Prime Minister Nawaz Sharif has approved interest free loan for the Pakistani people in a important meeting which is chaired by the PM in Islamabad. This scheme will be started in the month of June and 1 million people will get benefit from this scheme. In this scheme interest free loan of 50 thousand rupees will be given initially.

Nawaz Sharif

Government devotes 3.5 billion rupees for this scheme and loan will be given on the basis of NFC formula. Scheme will be started through Pakistan Poverty Elevation Fund.



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