Gohar Ejaz, former caretaker federal minister, lauded the mortgage housing finance initiative as a critical step for middle-class empowerment and economic revival. He highlighted that the current Rs10 million loan limit is insufficient for purchasing homes in major cities, advocating for an increase to Rs30 million to better align with market realities.
BUSINESSPublished 28 Apr 2026 • Published 1 day ago
PM Shehbaz Sharif Introduces Mortgage Housing Finance Initiative
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On April 28, 2026, Prime Minister Shehbaz Sharif was praised for introducing a mortgage housing finance initiative aimed at boosting home ownership and stimulating economic activity. Key actor Gohar Ejaz emphasized the need for private sector involvement to enhance the scheme's effectiveness. The initiative is expected to support the middle class significantly, with a suggested loan limit increase to Rs30 million.
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