Finance Minister Miftah Ismail has said that the Mera Pakistan Mera Ghar scheme will be restored for those whose case has already been approved and the interest rates will also be lowered. He made the announcement on Twitter following a meeting at the State Bank of Pakistan.
According to Miftah, the banks have been advised to reduce the interest rates. He wrote in the follow-up tweet that the government was still reshaping the scheme and would roll out the new scheme with an aim to make it more cheap and widespread.
We are still in the process of reshaping the scheme to make it cheaper and more widespread. This revised scheme will be rolled out soon. 2/2 //
— Miftah Ismail (@MiftahIsmail) July 22, 2022
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