State Bank of Pakistan (SBP), in collaboration with commercial banks organized a ‘Mera Pakistan-Mera Ghar Mela’ here on Saturday.
The objective of holding the Mela was to increase awareness regarding affordable housing financing scheme introduced jointly by the SBP and the government. In 2020, SBP adopted several measures to support the provision of financing for housing and construction sector. The government of Pakistan augmented these efforts by introducing the government markup subsidy scheme, which was now commonly known as Mera Pakistan Mera Ghar (MPMG) markup subsidy scheme.
State Bank of Pakistan Governor Dr Reza Baqir performed ribbon-cutting ceremony to mark the opening of Mela in an inaugural session attended by dignitaries from public and private sectors. The two-day event had been organised in collaboration with (Naya Pakistan Housing & Development Authority) NAPHDA, commercial banks and their allied builders and developers. The banks and builders/developers have set up stalls and kiosks for information to visitors. The commercial banks facilitated and encouraged interested applicants to submit their applications at the stalls.
Addressing the audience, SBP Governor Dr Reza Baqir expressed his pleasure and said the Mela was providing a unique opportunity to all key stakeholders to provide a one-stop solution to creating awareness under one roof. He said that MPMG scheme was envisioned to provide affordable housing solutions to low and middle income groups in the country.—APP
