World Bank to inject $100m into Punjab's housing scheme

News Image

MG News | June 08, 2026 at 06:30 PM GMT+05:00

June 08, 2026 (MLN): Punjab's Apni Chhat, Apna Ghar housing programme is set to receive $100 million in World Bank funding, as the global lender expressed interest in joining the provincial government's flagship low-income housing initiative.

The development came during a meeting chaired by Provincial Housing Minister Bilal Yasin, where the Director General of PHATA and the Project Director briefed participants on the Punjab Affordable Housing Programme.

The meeting also approved a restructuring of the programme to streamline its implementation, APP reported.

Officials said the proposed World Bank support was expected to accelerate housing construction across Punjab and strengthen the government's capacity to meet its targets.

Bilal Yasin said eligible households across different districts would be provided interest-free loans of Rs1.5 million per family to construct their own homes, adding that the initiative had already yielded positive results for low-income families.

He said the government aimed to construct 100,000 houses annually, which would significantly improve living standards and ensure dignified shelter for underprivileged segments of society.

The meeting also discussed proposals to expand the programme and broaden its outreach to more deserving families across the province.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 175,675.58
210.85M
-0.07%
-127.21
ALLSHR 106,309.61
418.47M
-0.24%
-258.68
KSE30 52,507.76
61.55M
0.02%
10.08
KMI30 247,386.66
90.76M
0.03%
63.28
KMIALLSHR 68,160.73
284.68M
-0.23%
-154.53
BKTi 50,018.05
17.67M
0.16%
81.94
OGTi 34,820.64
5.57M
0.18%
62.62
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 64,350.00 65,235.00
63,820.00
80.00
0.12%
BRENT CRUDE 88.51 91.42
88.51
0.41
0.47%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.25
-1.17%
ROTTERDAM COAL MONTHLY 119.80 0.00
0.00
0.10
0.08%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 81.78 84.60
81.76
0.00
0.00%
SUGAR #11 WORLD 14.82 14.94
14.74
-0.01
-0.07%

Chart of the Day


Latest News
July 20, 2026 at 12:24 PM GMT+05:00

ICL issues Rs1.5bn short-term sukuk certificates


July 20, 2026 at 12:03 PM GMT+05:00

Govt halts RLNG supply to Agritech urea plant


July 20, 2026 at 11:36 AM GMT+05:00

Jaecoo J6 REEV set to debut in Pakistan this July



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg