Kamyab Pakistan Program aimed at taking the country towards a welfare state: PM

FBR’s robust revenue growth enabled government to subsidize petrol, electricity: PM


ISLAMABAD: Prime Minister Imran Khan on Thursday launched the country’s mega interest-free loan program worth Rs 407 billion, saying the step would contribute towards making low-income groups financially self-reliant.

He was addressing a large number of people belonging to the low-income groups here at the Faisal Mosque, gathered for the launch of interest-free loans under the Kamyab Pakistan Programme.

Under Kamyab Pakistan Programme – a component of the prime minister’s vision for poverty alleviation, the loans will be disbursed among the youth, women, farmers and for the construction of low-income houses during the next two years.

The prime minister said 4.5 million families would benefit from the interest-free loans to start small businesses, construction of homes, farming, and learning technical education.

PM Khan said so far Rs 2.5 billion had been disbursed among the low-income groups in various welfare schemes and mentioned that the banks had also given loans of Rs 55 billion after the government encouraged them to facilitate the common man.

He said Pakistan had been envisioned as a socio-welfare country in line with the golden principles of Islam’s first State of Medina.

He, however, regretted that deviation from this ideology led the country to face several challenges regarding the well-being of the common man. The prime minister said following the glowing teachings of Prophet Muhammad (Peace be upon him) regarding caring for the rights of people was the righteous pathway for a nation to adopt.

He said the national health insurance program launched by the government would help the expansion of medical setup in the public and private sectors across the country.

He said providing free medical treatment worth Rs one million to every household annually was a proud step taken by his government.

Prime Minister Khan said that all the tax money collected by the government would be spent on the welfare of the general public.

Finance Minister Shaukat Tareen in his video message said the program was in line with the vision of a socio-welfare State to facilitate the common man.

He said interest-free loans besides the technical training would enable the low-income group to earn their livelihood.

Chairman Akhuwat Foundation Dr. Amjad Saqib said his organization had been disbursing interest-free loans to deserving for the last 22 years. He said in collaboration with the government, Akhuwat Foundation on the occasion would provide interest-free loans worth Rs one billion to 7,000 households and expressed confidence that the program would contribute to poverty alleviation. During the said period, the government will provide a subsidy of Rs 56 billion for the purpose.

The key objective of the Kamyab Pakistan Programme is to provide relief to the low-income group and increase economic growth. Prime Minister Imran Khan on Wednesday said robust revenue growth of 28.5 percent by the Federal Bureau of Revenue (FBR) had enabled the government to subsidize petrol and electricity.

“Because of this performance of FBR we are able to subsidize petrol, diesel, and electricity and give relief to our people,” he said in a tweet.

The prime minister mentioned the revenue collection of February that surpassed the target of Rs 441 billion.

“FBR has successfully knocked down February revenue target of Rs. 441 billion, posting robust growth of 28.5 percent, and up to the month’s growth of over 30 percent,” he said.

The FBR collected net revenues of Rs 3,799 billion during the first eight months of the current fiscal year (2021-22), exceeding the target set for the period by Rs268 billion.

This represents a growth of about 30.3% over the collection of Rs2,916 billion during July-February (2020-21), the board said in a statement issued here Monday.

The board during February 2022 not only achieved its assigned target of Rs.441 billion fixed for the month but also exceeded the same by Rs 2 billion as it collected Rs443 billion, according to provisional figures released by FBR.

The net collection for the month of February 2022 stood at Rs 443 billion, representing an increase of 28.3 percent over Rs 345 billion collected in February 2021.

These figures would further improve before the close of the day and after book adjustments have been taken into account, said the FBR statement mentioned.

On the other hand, the gross collections increased from Rs 3,074 billion during July-February (2020-22) to Rs 3,996 billion in the current fiscal year, showing an increase of 30 percent.

Likewise, the amount of refund disbursed was Rs197 billion during July-January (2021-22) as compared to Rs157 billion paid last year, showing an increase of 25.4 percent. Prime Minister Imran Khan Wednesday said that the launch of a universal emergency helpline in the country would be a one-stop emergency relief point for people in crisis.

The prime minister was chairing a review meeting on Pakistan Emergency Helpline (PEHEL)-911.

The prime minister was briefed that all the 36 individual emergency numbers for the provision of emergency services like fire brigade, police, health assistance, disaster recovery and motorway police etc; would be integrated into Pakistan Emergency Helpline (PEHEL)-911.

A needy person will have to dial just 911 and the call center would forward the call to the relevant government agency.

During the meeting, the prime minister observed that securing the life and property of the people was their utmost priority.

He also directed the authorities concerned to take all necessary measures to ensure hiccup-free operations of the helpline through trial run and soft launch before its actual launch in the holy month of Ramazan.

The meeting was attended by SAPM on Political Communication Dr. Shehbaz Gill, Chairman of National Telecommunication Corporation (NTC) Engr. Miraj Gul, ED National Information Technology Board (NITB) Syed Hussnain Abbas Kazmi and other senior officers concerned.

Chief secretaries of Punjab, Sindh, Kyber Pakhtunkhwa, Balochistan, Gilgit Baltistan and Azad Jammu and Kashmir joined the meeting via video link.

As a part of Digital Pakistan Initiative, the project is a joint venture of the Ministry of Information Technology & Telecommunication and Ministry of Interior.

National Telecommunication Corporation (NTC) and National Information Technology Board (NITB) of IT Ministry will provide necessary technical assistance and back-end infrastructure for the smooth execution of the project, whereas Interior Ministry is responsible for coordination among various emergency response services at the federal and provincial levels.

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