State Bank of Pakistan (SBP) has announced a game-changing initiative. Fazal Muqeem, Deputy Chief Manager of SBP in Dera Ismail Khan, unveiled the plan during a special seminar titled ‘Women Bankability and Banking on Equality’ held at the Government Polytechnic Institute (GPI) for women.
Muqeem stressed that helping women start their businesses would not only make them stronger but also enable them to support their families and provide better education for their kids.
With rising prices affecting everyone, especially those with limited incomes, Muqeem emphasized that entrepreneurship could be a key solution.
The government, in collaboration with SBP, is working on policies to turn unemployed women into productive citizens.
As part of these policies, unemployed women are now getting bank accounts just like men, giving them access to interest-free loans of up to Rs. 0.5 million.
Assistant Director Muhammad Zubair urged everyone to embrace digital technologies and encouraged citizens to become income tax filers to reduce their tax burden.
Sara Khan, Principal of GPI for women, expressed her gratitude to SBP for their support in making students self-reliant.
She believes that many women will benefit from this policy in the future and hopes that similar seminars will continue to empower the eligible women of Dera Ismail Khan.
The seminar, attended by notable guests including Muhammad Amir Ejaz, Assistant Chief Manager of SBP Dera Ismail Khan, highlights SBP’s commitment to gender equality and economic empowerment.