Miftah says provision of loans under Mera Ghar scheme to continue

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Federal Minister for Finance and Revenue, Miftah Ismail here on Friday announced that the government would continue providing loans under ‘Mera Pakistan Mera Ghar’ scheme.

In a tweet, the minister said he had a meeting with State Bank of Pakistan in that regard adding that the MPMG housing loan scheme would continue for all those whose loan applications had been approved and who paid advances (bayana).

He said the government would also ask the banks to reduce the interest rate they had charged.

“Just had a meeting at the SBP. The government will continue with the MGMP housing loan scheme for all those whose loan applications have been approved and who have paid advances (bayana). We will also ask the banks to reduce the interest rate charged,” he tweeted

He said, the government was still in the process of reshaping the scheme to make it cheaper and more widespread.

This revised scheme would be rolled out soon, he added. “We are still in the process of reshaping the scheme to make it cheaper and more widespread. This revised scheme will be rolled out soon,” he tweeted.—APP

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