Pakistan to fund youths for self-employment
Xinhua, Islamabad
Pakistani government has set aside a sum of 12 billion Pakistani rupees (about 200 million US dollars) as loans for self-employment of the youth in the country, the state-run Associated Press of Pakistan (APP) reported Friday.Describing this as "revolutionary step" to fighting unemployment in the country, Pakistani Minister of State for Information Technology Muhammad Ishaq Khakwani yesterday told APP that the loans will range from 50,000 to 200,000 rupees (about 833 to 3,333 US dollars) per person and the young aged 18 to 40 will benefit from the scheme.
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