In a bid to help people make up for their financial losses due to the lockdown in the country, the Balochistan government will be giving interest-free loans to people.
Noorul Haq Baloch said in a statement on Sunday that the provincial cabinet has approved the plan that has already started in various districts. He said, “Around 30,000 youths, who were facing unemployment in the province, will immediately benefit from the interest-free loan scheme.”
He added that a project was also in deliberation on the orders of Chief Minister Jam Kamal for disbursement of cash amongst 119,000 deserving families under the Zakat fund of Rs. 2 billion. He said, “As many as 32,000 families will get cash very soon.”
Baloch said that another fund will also be set aside to provide health facilities to the poor. The Provincial government according to the finance secretary has taken multiple steps to overcome the impact of the coronavirus on the economy.
“Coronavirus has put the global economy under pressure and Balochistan will surely face its implications. Steps to meet the challenge will be taken on the directive of the chief minister,” he added.