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Budget 22 earmarks low-cost housing loans, mortgage financing schemes

ISLAMABAD: In the fiscal budget announced on Friday June 11, 2021 for the year 2021-22, the federal government promised lower margin loans for low-cost housing of up to 2 million rupees, among other poor-segment development schemes and loans. Approximately 4-6 million households will receive loans of up to Rs 500,000 under rubric development funds, the bar of which has been raised to Rs 900, a 40%...

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