Affordable Housing Scheme Approved Bank Loans
Bank funding under the government’s affordable housing project Mera Pakistan Mera Ghar is gaining traction, according to the State Bank of Pakistan (SBP).
Read: Construction Activity Accelerated in Several Sectors: FGEHA
The SBP shared information on the scheme on Twitter, saying that banks have approved loans worth Rs 59 billion and have already disbursed Rs11.5 billion.
Read: Five Commercial Zone Plots Auctioned for Rs21.5bn in Lahore
Banks are receiving MPMG applications from over 8,000 designated branches across the country, according to SBP regulations.
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