Finance Minister Muhammad Aurangzeb has announced new easy loan and financing opportunities for the youth under the federal budget. He said the government is expanding access to credit for young people and farmers. The initiative is aimed at promoting entrepreneurship and economic participation. It is part of broader youth development efforts.
The finance minister made the announcement during his budget speech in the National Assembly. He said the Prime Minister’s Youth Programme is already benefiting millions of young people. Moreover, he emphasized that the government is committed to supporting skill development and self-employment. Therefore, new financial schemes are being introduced.
Aurangzeb said he considers presenting the budget an honour and thanked coalition partners for their support. He also appreciated contributions from political leadership during the budget-making process. In addition, he highlighted continuity in economic planning. Consequently, the government aims to strengthen policy stability.
He also discussed broader economic and defence-related developments in his speech. The minister said Pakistan’s defence capabilities are widely recognized globally. Furthermore, he highlighted strategic partnerships with countries including Saudi Arabia and China. He said these ties are strengthening economic and diplomatic cooperation.
Overall, the budget includes measures to support youth, stabilize the economy, and expand financial access. The government said the focus remains on inclusive growth and employment generation. As a result, youth-focused initiatives are expected to play a key role in the coming fiscal year.