The Economic Coordination Committee (ECC) of the cabinet has approved different important summaries, including the summary of Kamyab Pakistan Program (KPP), which is deemed to be the most ambitious micro-credit program ever planned in Pakistan.
The ECC meeting was presided over by Federal Minister for Finance and Revenue Mr. Shaukat Tarin on Thursday. It also gave the nod to the summaries about disbursement of salaries to Pakistan Steel Mills (PSM) employees, and purchase of 40,000-metric ton (MT) wheat by the World Food Programme (WFP) from Pakistan Agricultural Storage & Services Corporation (PASSCO).
The Finance Division presented an updated summary regarding KPP before the ECC. It was revealed that the program had been streamlined in consultation with stakeholders to disburse microcredit for uplifting marginalized segments of society. The KPP has five components namely: Kamyab Karobar, Kamyab Kissan, Naya Pakistan Low-cost Housing, Kamyab Hunarmand, and Sehatmand Pakistan.