The employment of 1,427,097 employees has been provided so far under the SBP scheme for job security during the Corona epidemic.
The SBP introduced a loan scheme to curb economic hardship and unemployment in Corona. Under the scheme, companies that do not fire their employees between April 2020 and September 2020 can get loans at 5% interest for 3 months’ salaries of employees.
It should be noted that the institutions included in the list of active taxpayers have been provided the facility to take loans at the rate of 4%.