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PM Shehbaz Sharif Boosts Youth Loan Limits and Lowers Age Requirement

November 9, 2026 • 3 days ago •

LAHORE: Prime Minister Shehbaz Sharif has announced a significant increase in the personal loan limits under the Youth Business and Agriculture Loan schemes, while also lowering the minimum age requirement to include 18-year-olds. This initiative aims to empower the youth and enhance their participation in the economy.

During a meeting on Sunday to assess the progress of these schemes, PM Sharif directed that the personal loan limit be raised from Rs7.5 million to Rs25 million, available in manageable installments. The Prime Minister’s Office confirmed that a total of Rs 292 billion has been allocated for disbursement to the youth this year, underscoring the government’s commitment to fostering entrepreneurship and agricultural development.

PM Sharif commended Finance Minister Muhammad Aurangzeb and his team for their efforts in creating opportunities for young people. He emphasized the importance of empowering women by directing that 30% of the loans be specifically allocated to female applicants, thereby promoting economic independence and greater involvement in the agricultural sector.

Looking ahead, the government plans to monitor the implementation of these schemes closely, with further meetings scheduled to evaluate their impact and effectiveness. This move is expected to stimulate economic growth and provide a much-needed boost to the youth demographic in Pakistan.

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