Ministry-Akhuwat agreement for low-income housing approved by the cabinet: Firdous

ISLAMABAD: Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Tuesday said the federal cabinet has approved an agreement between the Ministry of Housing and Akhuwat Islamic Microfinance to build five million housing units for low-income people.

In a press conference to share the cabinet’s decision, she said that under the accord, a fund of Rs5 billion would be utilised for the provision of interest-free loans ranging from Rs100,000 to Rs1 million to low-income people.

The homeless people who were registered under the ‘poverty score card survey’ will be prioritised, she added.

Dr Firdous informed that the cabinet also approved an internship programme which will offer technical training and employment to around 35,000 students by the Ministry of Communications every year.

She said the cabinet meeting presided over by Prime Minister Imran Khan approved solar power projects to meet the electricity needs of the army on a build-operate-transfer basis.

The cabinet was apprised of the army resources spent on the supply of uninterrupted supply to houses, offices, parks and hospitals in garrisons and cantonments. To bring down the expenditure, solar power plants would be set up to reduce dependence on expensive power.

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