Picture used for illustrative purpose only.
Prime Minister Imran Khan while taking notice of difficulties facing the applicants, instructed the State Bank of Pakistan (SBP) and National Bank of Pakistan (NBP) to facilitate those applying for low-cost housing loan under Naya Pakistan Housing Programme.
Addressing the ceremony, the prime minister said the mortgage facility has been introduced to provide loans to the people on easy installments so that they could construct the houses. He said negotiations are continuing with the banks to remove any impediments.
"It is very difficult for the salaried class, workers and labourers to construct or purchase a house in the cities due to soaring prices of land,” the prime minister told the ceremony in Islamabad on Thursday.
Also, for the first time in the history of the weekly draw, 7 Emirati second prize winners have topped the list of 22 Arab winners representing Lebanon, Jordan Syria, Egypt, Oman and Yemen.
"The 1.5 billion euros ($1.5 billion) was brought to the table today. It's money that will be used in 2022, this year and next year," Danish Defence Minister Morten said during a news conference.
Lieutenant Colonel Muhammad Abdul Rahman Bin Qasmol, Acting Director of Wasit Comprehensive Police Station, honoured Ziyad Rashid Maydan in appreciation of his honesty and keenness to hand over a wallet containing official documents and a large sum of money, which he found in an area of Sharjah.