PM satisfied over role of banks in construction sector August 20, 2020
He was chairing a meeting of National Coordination Committee for Housing, Construction and Development in Islamabad on Thursday.
Imran Khan said the government has addressed all the reservations of the banks. He said the State Bank of Pakistan has been empowered for immediate provision of subsidy announced by the government for the construction of houses. Foreclosure laws are also effectively being pursued.
The meeting was attended by the presidents of all the major banks.
The Prime Minister directed the banks to simplify the application procedure pertaining to construction of houses so that low and middle income groups could fully benefit from their products.