Islamabad, JULY 31: Commonwealth Secretary General RT Patricia Scotland on Wednesday said that Pakistan under the leadership of Prime Minister Mian Muhammad Shehbaz Sharif has done a remarkable job in providing opportunities, resources and support to the youth. She expressed these views while addressing the Young Entrepreneurs Awards distribution ceremony here at the Prime Minister’s office. Under the leadership of Chairman Prime Minister Youth Program Rana Mashhood Ahmad Khan, this program is taking significant steps to empower the youth, she said. “There is a need to empower the youth and harness modern technology for the prosperous future of the country and Commonwealth Organization is committed to providing all possible facilities to the innovators,” she said. Patricia said she is grateful to the people and government of Pakistan for their warm welcome and hospitality in the country.
“I have worn a Pakistani dress which proves that I am also a Pakistani. The efforts of the government of Pakistan under the leadership of the Prime Minister to empower the youth are commendable,” she said. She said the Pakistani government is taking steps to highlight the potential of the youth as per the Chartered Commonwealth of Nations adding efforts to provide employment and business facilities to the youth reflect their commitment. The Commonwealth secretary said that 60 percent of the youth in the world are below 30 years of age, while 65 percent of the youth in Pakistan are between 18 to 30 years of age.
“Pakistan can lead the country on the path of development by training the youth in modern technology and making them skilled so that they can also play an important role in the development of the world,” she said. She said that the commonwealth recognizes the courage and determination of the youth for country’s national and economic development, as young people are the driving force to bring a change. She also lauded the role of Chairman Prime Minister Youth Program Rana Mashhood Ahmad Khan for taking crucial steps for empowering youth through various initiatives and promgrammes.
This achievement is not merely a statistic but a reflection of the vision of the Prime Minister’s Shehbaz Sharif focus on employability of Youth. Under the Prime Minister’s Youth Loan and Agricultural Scheme, started in 2013,as many as 186 billion had been distributed among the among more than two lakh eighty thousand young entrepreneurs, creating countless employment opportunities across the nation.
Rana said that the Prime Minister’s Youth Business loan scheme was restructured in the tenure of Muhammad Shehbaz Sharif while Agricultural Loans and Microfinance institutes were taken on board for interest free loans,adding around 100 billion rupees would be distributed under the Prime Minister’s Youth Business Loan Scheme during the current financial year. He said that during the last 18 months ,as many as Rs 110 billion had been distributed under PM loan scheme.
The Non -performing loans under the said scheme are less than 3 percent which reiterate the transparency and effectiveness of this loan scheme. The Chairman PMYP added that the holistic approach of the Prime Minister’s Youth Programme is designed to equip the youth with the necessary skills through the Prime Minister’s Skill development programme, with advanced gadgets and offer financial assistance through PM Youth loan schemes. “Today, as we celebrate the success of our young entrepreneurs, I would like to extend my heartfelt congratulations to all the awardees.
Your dedication, innovation, and perseverance are truly inspiring. You are the future leaders of Pakistan, and your achievements pave the way for a brighter and more prosperous future for our nation. Adviser to President FPCCI Afshan Malik while addressing the ceremony said that the commitment of business youth leaders is admirable as youth are the backbone of the country’s economy, Commonwealth Secretary General Patricia Scotland’s visit to Pakistan will further strengthen these relations,she added. A documentary on Pakistan culture and diversity was also exhibited on the occasion
