ISLAMABAD: On Tuesday, Prime Minister Shehbaz Sharif announced that the government had presented a historic budget for 2023–2024 that was created especially for youth to support the beginning of their entrepreneurial activities, which would also increase the number of jobs in the nation. He claimed that by removing disappointments and ensuring the nation’s socioeconomic development, confidence and hope could be restored. In a statement released by the Prime Minister Office, he declared that the coming year “will be the year of increased income generation for the people and the country by the will of Allah Almighty.”
This was the budget for economic stability and quick development in various sectors including industry, agriculture, information technology and energy, he said adding that the budget would also provide the youth with the opportunity to create jobs for others by starting their own entrepreneurship. “Youth are the country’s future and saving their future has always been my top priority,” he added.
PM Shehbaz said with the help of initiatives announced by the government in the budget 2023-24, the youth would become the architects of Pakistan’s development by starting their own businesses in IT, industry and agriculture sectors.
He said the government was providing 100,000 laptops and small loans to the youth on concessional rates for their startups.
The government, he said had also offered tax exemptions in the Budget 2023-24 for businesses in IT for encouragement of the youth.
The prime minister said the Rs 2000 billion Kissan Package would further expedite the country’s journey of agriculture development and prosperity.
He said the government would offer more facilities in the agriculture sector through the budget 2023-24 to ensure food security and to make the youth an important stakeholder in the agriculture development of the country.
He said the farmers and the youth of the country would become prosperous by availing the agriculture and business loans offered by the government in the budget.
