KARACHI: Bank financing for housing and construction sharply increased 85 per cent, or Rs163 billion, to Rs355 billion in the financial year 2021, the State Bank of Pakistan (SBP) reported on Thursday. The total outstanding credit of banks for housing and construction stood at Rs192 billion in the preceding year. Within the housing and construction … Read more
ISLAMABAD: Prime Minister Imran Khan has said that it is for the first time that the people who can never afford a house can now own it. During a visit to the site of 4,400 under-construction houses under the Naya Pakistan Housing project, at Farash Town, in the suburbs of Islamabad, the prime minister said: … Read more
KARACHI: The housing and construction finance registered a significant increase of Rs111 billion, or 75 per cent during FY21, compared with FY20, to reach Rs259 billion by the end of June 2021, a statement quoted a senior government official, as saying, on Thursday. Briefing Prime Minister Imran Khan in a meeting of the National Coordination … Read more
