ECC Okays Rs72b Housing Subsidy
PAKISTAN, JUL 26 – The government will provide loans up to Rs3.5 million at fixed rates to 50,000 low and middle-income groups to reduce housing unaffordability, covering Rs72 billion in subsidies and risk-sharing.
7 Articles
7 Articles
ECC okays Rs72b housing subsidy
The government on Friday approved a Rs72 billion subsidy scheme to help low and middle-income groups build small homes and apartments. Beneficiaries can avail housing loans of up to Rs3.5 million at fixed interest rates ranging from 5% to 8%. The Economic Coordination Committee (ECC) of the Cabinet approved the markup subsidy and risk-sharing scheme. First-time homeowners will receive loans at rates cheaper than those offered in the market. The …
Govt approves scheme for 5 million low-cost homes
Islamabad: Finance Minister Muhammad Aurangzeb has approved a new scheme aimed at supporting the construction of low-cost housing in Pakistan. The decision was made during a meeting of the Economic Coordination Committee (ECC) chaired by the finance minister. Under the Markup Subsidy Risk Sharing Scheme, financial assistance will be provided to promote affordable housing. During the session, Aurangzeb instructed the Ministry of Housing to develo…
ECC Approves Rs72bn Housing Subsidy For 50,000 New Units - Pakistan Live News
The image shows meeting of the Economic Coordination Committee (ECC) of the Cabinet held under the chairmanship of Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb in Islamabad on July 25, 2025. — Facebook@FinanceMinistryPK Scheme targets first-time homeowners with valid CNICs. Scheme offers loans up to Rs3.5m at fixed markup. No processing fees or prepayment penalties under scheme. ISLAMABAD: The Economic Coordination Commit…
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium