Prime Minister Shaukat Aziz has said that award of coveted Nobel Peace Prize to Dr Muhammad Younus of Grameen Bank is a befitting recognition of the innovative banking concepts and the remarkable services rendered by him in alleviating poverty not only in Bangladesh but also in many other developing and developed countries.
Extending heartfelt felicitations to Dr Younus, the Prime Minister said the prize is not only an honour for Dr Younus and Bangladesh but for the entire developing world. He said that the innovative methods of micro financing introduced by Dr Younus has helped millions across the world to pull them out of the vicious circle of poverty on self help basis.
The Prime Minister said the remarkable thing about Dr Younus's approach is that by helping people help themselves, he not only makes them financially independent but also at the same time instils a sense of pride in them to become proud and productive citizens.
He said Pakistan has tremendously benefited from the Grameen Model and he is personally grateful to Dr Younus for his constant help in introducing micro credit in Pakistan.