ISLAMABAD – Prime Minister Imran Khan on Tuesday called for providing allpossible assistance and facilities to the low income people in therealization of their dream of having their own house.The project of constructing five million housing units would not onlyensure the provision of housing facility for the low income groups butwould also run the wheel of economy, besides creation of job opportunitiesfor the youth, he added.The Prime Minister expressed these views while chairing a meeting on theNaya Pakistan Housing Programme here.He also directed for early finalization of laws regarding the Foreclosureand Real Estate Regulatory Authority.The meeting was attended by Finance Minister Asad Umar, Senior PunjabProvincial Minister Aleem Khan, Special Assistant to PM Naeem-ul-Haq,Special Assistant to PM Iftikhar Durrani, Chairman Task Force on HousingZaigam Rizvi, Yaqub Izhar, State Bank Governor Tariq Bajwa, SecretaryHousing Dr Imran Zeb Khan and others.The meeting pondered over in detail the matters relating to securefinancing from commercial banks for the low income people in the NayaPakistan Housing Programme announced by the Prime Minister.The Ministry of Finance and the SBP decided to offer incentives to thecommercial banks with regard to financing for the housing programme.
This measure was aimed at provision of easy credit for the low incomepeople from the banks so that they could benefit from the Naya PakistanHousing Programme.
The incentives to be offered by the Ministry of Finance and State Bank tothe commercial banks would be announced soon.
