The Punjab government is considering a proposal to establish the Punjab Wealth Fund, with an estimated allocation of Rs700 billion, aimed at providing financial security for the province’s youth, reported 24NewsHD TV on Monday.
Sources revealed that the government plans to finalize a long-term project using provincial surplus funds to create a sustainable economic framework.
The fund is expected to enhance provincial revenue, promote economic stability, and ensure sustainable income growth.
The Punjab Wealth Fund will also serve as a backup in emergencies, while generating additional income through long-term programs designed to strengthen the province’s financial resilience.
Officials say the initiative reflects the government’s commitment to youth empowerment, fiscal prudence, and creating long-term economic opportunities in Punjab.
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this wealth fund will only serve sharifs, zardaris and millitary to create more wealth.