Overview
- The prime minister chaired a review on Thursday and directed the Housing Ministry to work with the State Bank of Pakistan to simplify application forms and push banks to approve eligible Apna Ghar loans faster.
- Officials reported that 67,900 applications have been received, 16,587 have been approved, and loans worth Rs11 billion have been disbursed to 3,146 beneficiaries so far.
- The State Bank has ordered commercial banks to process Apna Ghar applications within 15 days and bank leaders attended the review to discuss meeting that deadline.
- To remove practical and legal obstacles, the government has launched a digital monitoring portal, is setting up district-level facilitation desks to help applicants secure land documents, and parliament has passed condominium and financial-recovery laws.
- The push aims to widen home ownership and boost jobs in construction and allied industries, but officials acknowledge a delivery gap between approvals and actual payouts that will determine how quickly demand converts into homes and economic activity.