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Prime Minister will Inaugurate the Kamyab Pakistan Program Tomorrow

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Prime Minister will Inaugurate the Kamyab Pakistan Program Tomorrow

Prime Minister Imran Khan will launch the Successful Pakistan Program (KPP) on Monday, which aims to change the lives of the country’s underprivileged people.
According to details, the move will disburse microcredit of Rs. 1,400 billion to the poorest 3.7 million households, providing them with much-needed financial assistance to improve their living conditions.
Only households with an average monthly income of Rs. 50,000 per month will be eligible for KP.
Financing
This is the first initiative of its kind in Pakistan’s history, in which banks have been linked to the poorest sections of the population through microfinance organizations.
The KP focuses on Finance Minister Shaukat Tareen’s vision of financial empowerment, which provides opportunities for those with limited financial resources to improve their financial health.
The finance minister said the government was determined not to provide fish to the poor and instead taught them how to manage sustainability under the PPP umbrella.

The government claims that the whole model of KPP will change the lives of the underprivileged in Pakistan in the next few years as the program is based on the latest financing structure in recent times.

The PPP has five components: a successful farmer, a successful farmer, a new Pakistan, a low-cost home, a successful, skilled and healthy Pakistan.

Under the first three components, micro-loans will be distributed to eligible individuals registered with Ehsas Data, which will be scientifically collected through the National Socio-Economic Registry (NSER). The last two components of the program will be linked to current government initiatives. The Skilled Development Program of Successful Skilled Government is designed to provide educational and vocational training to our talented youth.

KPP also includes a user-friendly portal called Successful Pakistan Information System (KPIS). The portal will be integrated with Ehsas and NADRA databases to verify the eligibility of the beneficiaries to facilitate the implementing agencies to finalize the financing methods efficiently and without any hindrance. Coins

The KPP will complement the government’s efforts to combat inflation so that the people can improve their economy.

The PPP will be implemented gradually. During the first phase, Gilgit-Baltistan (GB), Azad Kashmir, Balochistan, Khyber Pakhtunkhwa (KP) and Punjab and Sindh are among the poorest districts.

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