PM vows to spend on low-income groups if nation pays its taxes

Unveils Rs407 billion interest-free loans programme

By: News Desk
Published: 02:39 PM, 2 Mar, 2022
PM vows to spend on low-income groups if nation pays its taxes
Caption: TV grab.
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Prime Minister Imran Khan on Wednesday declared that the government would spend the money on low-income groups if the nation paid their taxes, reported 24NewsHD TV channel.

Imran Khan said there was a global trend of rising prices of electricity and petrol.

Addressing a gathering of people belonging to low-income groups at the Faisal Mosque in Islamabad who gathered for the launch of Rs407 billion interest-free loans under the Kamyab Pakistan Programme, the prime minister said Pakistan had been envisioned as a socio-welfare country in line with the golden principles of Islam’s first State of Medinah.  He, however, regretted that deviation from this ideology led the country facing several challenges regarding the well-being of the common man.

Imran Khan said this programme would contribute towards making low-income groups financially self-reliant.

He said 4.5 million families would benefit from the interest-free loans to start small businesses, construction of homes, farming and learn technical education. So far Rs2.5 billion had been disbursed among the low-income groups in various welfare schemes and mentioned that the banks had also given loans of Rs55 billion after the government encouraged them to facilitate common man, he added.

Imran 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 programme launched by the government would help in expansion of medical set-up in public and private sector across the country. He said providing free medical treatment worth Rs1 million to every household annually was a proud step taken by his government.

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

Finance Minister Shaukat Tareen in his video message said the programme 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.