Finance Minister directs finalization of youth business loan in February, 2014

ISLAMABAD- Federal Finance Minister Senator Mohammad Ishaq Dar today held a review meeting regarding Youth Business Loan Scheme at State Bank of Pakistan Office.

The Finance Minister was briefed about the statistics of the application forms.
Senator Ishaq Dar urged the concerned officials to finalize the processing of application forms by the end of this month. During the meeting the statistics of female applicants were highlighted, which the Minister described as under-represented.

The Minister directed the concerned officials that the current number of forms did not fulfill the allotted women quota of 50 percent and needed to be reviewed to address the quota requirement.

The Finance Minister advised that the loan should be disbursed as per provincial quota and vacant positions of any province must be carried forward to the next quarter.

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