See every side of every news story
Published loading...Updated

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.

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 …

7 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Right
50% Right

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Dawn broke the news in Pakistan on Friday, July 25, 2025.
Sources are mostly out of (0)

Similar News Topics