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World Bank Deliver $300Mn for Housing Sector of Pakistan

Shaukat Tarin, the Federal Minister for Finance and Revenue, reportedly presided over a meeting at the division of finance in Islamabad recently to discuss issues pertaining to the housing sector.

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In this meeting, it was discussed if it was possible to set up an additional fund to finance homes in Pakistan. However, while the meeting was in session, SAPM for Finance and Revenue was also present.

The World Bank country director also disclosed the $290 million in total proposed credit facilities of the World Bank for various initiatives in the housing sector.

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A further statement from the director said, “World Bank will also assist the efforts on the Government to improve the housing industry, especially for the low-cost homes.”

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