*PESHAWAR: **Government employees to be given interest free loans forpurchasing cars or home.*
*The Khyber Pakhtunkhwa (KP) government has approved the policy of givinginterest-free loans to government employees.*
As per details, the loan can be acquired by the government employee forpurchasing house, car and motorcycle.
The government employees from Grade 1 to 17, having the minimum serviceperiod of five years to the maximum of 10 years, will be eligible to applyfor the loan.
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Previously, in June, Prime Minister Imran Khan had summoned establishmentdivision to mull over the matter of extending the retirement age ofgovernment employees.
It is pertinent to note that the official age of retirement for governmentemployees is 60 years. As per sources, the KP government is likely toincrease the retirement age by three years and it may announce thisdecision during its budget session.
