Gender-based bank loans will empower Pakistani Women

Pakistan is a developing nation with a lot of economic and financial troubles being faced by the government, business community and young entrepreneurs. But, times are changing for good. With venture capital companies like P@SHA and Seed Ventures promoting more startups, we can predict a Pakistan which is going to be a more developed and an economically stable country. Recently, National Incubation Center was launched in Karachi with an aim to support incubation agendas in the country.

There is another good news concerning the country’s entrepreneurship culture. At a seminar organized by the Islamabad Women’s Chamber of Commerce and Industry (IWCCI), and State Bank of Pakistan (SBP), the SBP Assistant Chief Manager, Rabia Yaqoob Khan said that the State Bank of Pakistan has decided to give gender-based loan targets to banks in order to increase women’s participation in businesses.

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Ghazanfar Bilour said during the seminar that we are dedicated to promoting the economic empowerment of women. He said that the government needs to focus on giving women more opportunities along with starting women empowerment initiatives.

Aqeel Karim Dhedhi, one of the renowned business tycoons in Pakistan, has been working to provide women with business opportunities. His efforts for women empowerment are highly commendable.

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