Banks in Pakistan are not in the habit of giving loans to people without influence, says Prime Minister Imran Khan.He was speaking on Thursday at the groundbreaking ceremony of Farash Town apartments in Islamabad, which is a housing project under the Naya Pakistan Housing programme.The apartments are expected to be completed within the next two years. “People still face obstacles when approaching banks for small loans to make a house,” the premier told the audience, explaining that negotiations between the government and banks are still under way.He spoke about going towards automation to make processes, such as going to the Capital Development Authority to get permission for construction or house maps approved, easier.PM Khan appreciated military engineering group Frontier Works Organisation’s (FWO) work on the housing project, mentioning FWO’s contribution in completing infrastructure work at Kartarpur Corridor in “record time”.The Prime Minister said katchi abadis (slums) are increasing across Pakistan because people don’t have enough money to make houses. “Nobody has ever thought of the people living in slums,” he said, adding that around 40% of Karachi is covered in slum area.In Islamabad, too, slum areas are spreading. As part of this apartment project, the premier said 600 people living in slums will be given flats. He hoped for everyone living in slum areas to one day own a house of their own.
Latest article
PM launches Rs 37bln cash program to disburse Rs25,000 each among flood-hit families
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday launched a Rs 37.2 billion Flood Relief Cash Program to provide Rs 25,000 cash assistance each among...
Marriyum says Imran wants every institution head to act like Javed Iqbal, dares him...
ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb on Friday alleged that Imran Khan wanted the head of every institution to act like former...
ECP issues contempt notice to Imran Khan for inappropriate remarks against CEC
ISLAMABAD, : The Election Commission of Pakistan (ECP) on Friday issued contempt notices to PTI Chairman Imran Khan, Asad Umer and Fawad Chaudhry for...