Govt to introduce smart housing schemes for Overseas Pakistanis

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Minister of State for Information and Broadcasting, Farrukh Habib said on Friday that the federal government will introduce residential schemes under smart housing concept to facilitate the nine million Overseas Pakistanis.

The federal Cabinet has given approval for launching the state-of-the-art residential projects for Overseas Pakistanis, he said while talking to state news channel.

He said Pakistani expats might purchase the apartments through Roshan Digital Accounts (RDA). The project was aimed at attracting remittances through RDA, he added.

Overseas Pakistanis were asset of the country, they were sending $30 billion remittances annually through RDA which showed their full trust in the leadership of Prime Minister Imran Khan.

Commenting on the voting rights to Pakistani expats, he said it was first time that any govt recognized the expats services to the country. All credit goes to PM Imran who was strong proponent of Pakistanis rights living abroad, he said.

Farrukh said PTI government believes in empowering Pakistanis expats, wanted their involvement in decision making. On the sustainability of Naya Pakistan Housing Project, he said nobody can roll back public interest projects, adding that the government engaged private sector for the purpose.

Banks were taking lead in the government residential schemes as it had distributed loans worth Rs40 billion and approved loans worth over Rs120 billion and loan applications worth over Rs160 billion were received, he added.—APP

 

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