The government plans to construct a total of 500,000 housing units nationwide. The scheme will be implemented in all four provinces, as well as Gilgit-Baltistan and Azad Jammu and Kashmir. Loans will be repayable over a period of 20 years.

The markup on the loan will be set at 5% for the first 10 years. For the subsequent 10 years, it will be charged at the market rate. An amount of Rs321 billion has been earmarked for the first year of the scheme, with a target to fund 50,000 houses.

PM Shehbaz Sharif emphasized that providing shelter is a fundamental responsibility of the state. He stated, “The construction sector plays a vital role in driving economic activity and generating employment.” He will personally review the programme’s progress on a monthly basis.

The PM Fuel Package 2026 has already disbursed Rs1.2 billion to over 32,000 beneficiaries. This initiative aims to provide relief amid rising fuel costs, particularly for low-income households.

The success of this programme could significantly impact economic activity in the construction sector. It may also uplift many families struggling with housing affordability in Pakistan.

The post Pm apna ghar scheme appeared first on 1News.

Key facts about the housing programme:

• The programme will offer housing loans of Rs10 million.
• A total of 500,000 housing units will be constructed.
• The total allocation for the programme is Rs3.2 trillion.
• Loans are to be returned in 20 years with a 5% markup for the first 10 years.
• The government aims to fund 50,000 houses in the first year with Rs321 billion allocated.

Shehbaz Sharif emphasized the importance of protecting children’s health. He pledged zero tolerance on polio and lead exposure threats. These issues pose serious risks to children’s development.

Government statements on child health:

• “Protecting children’s future remains a top priority,” said Shehbaz Sharif.
• “The government is taking priority measures to safeguard the future of the nation’s children,” he added.
• A delegation commended, “The steps taken under your leadership to protect children from polio and other deadly diseases are commendable.”

The European Investment Bank (EIB Global) has committed €160 million to support these initiatives. UNICEF will collaborate on efforts related to child health, focusing on polio eradication and reducing lead exposure.

The post Shehbaz Sharif Launches Housing Programme and Tackles Child Health Threats appeared first on 1News.