PM's Apna Ghar Programme: Subsidized housing scheme aims to boost Pakistan economy

PM's Apna Ghar Programme: Subsidized housing scheme aims to boost Pakistan economy

The federal government has rolled out the 'Apna Ghar Programme', a nationwide housing finance initiative offering subsidized loans up to Rs10 million at a fixed 5% markup for 10 years. Backed by Rs71 billion in FY27 budget subsidies and a 10% first-loss guarantee for lenders, the scheme targets low- and middle-income families. It aims to boost the national economy through increased construction activity and employment. This economic stimulus could support the Pakistani Rupee, potentially influencing local gold and currency rates.

بحوالہ / Source: www.brecorder.com