Naya Pakistan Housing Program Mortgage Financing
Last year, Prime Minister Imran Khan had made a move to revive the Coronavirus-hit economy, with an initiative to promote the housing and construction sector with Rs330 billion of mortgage financing by the commercial banks in just 18 months. The prime minister himself unveiled the plan for the revival of the construction sector after a maiden meeting of the newly formed National Coordination Committee on Housing and Construction on Friday.
Today Prime Minister (PM) Imran Khan, has instructed banks to simplify the process to facilitate the masses.PM Imran, who is self-isolating after testing positive for Covid-19 earlier this month, was virtually addressing on the National Bank of Pakistan’s (NBP) telethon, on low cost housing held on Sunday(28th March, 2021).
