ISLAMABAD: Banks have approved housing finance worth Rs204 billion under the Prime Minister’s Apna Ghar Scheme, with Rs27 billion already disbursed to beneficiaries, a high-level review meeting was informed on Tuesday.
Chairing the meeting, Prime Minister Shehbaz Sharif said the scheme was designed to enable low- and middle-income households to own homes, describing affordable housing as one of the government’s foremost priorities.
Officials briefed the meeting that the Ministry of Housing and Works, together with the State Bank of Pakistan, is conducting weekly reviews to track progress and address bottlenecks in implementation.
The prime minister directed authorities to accelerate work on the scheme and called on public and private sector banks to expand financing support, aiming to widen access to housing loans for eligible families.
He further instructed relevant departments to devise a comprehensive strategy for both vertical and horizontal housing developments under the initiative, emphasising the need for practical and sustainable solutions to meet the demands of a growing population.
Reaffirming the government’s commitment to providing shelter for disadvantaged and middle-income citizens, the prime minister stressed that close coordination among all stakeholders remains essential for the scheme’s timely and successful execution.
The meeting was attended by Federal Minister for Finance and Revenue Muhammad Aurangzeb, Federal Minister for Housing and Works Riaz Pirzada, Minister of State for Finance and Railways Bilal Kayani, and senior government officials.
The Apna Ghar Scheme aims to finance 150,000 homes by June 2027, as part of the government’s broader affordable housing agenda.
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