Cabinet acknowledges controls housing stalls and distributed to the poor 3/14/2016
Cabinet acknowledges controls housing stalls and distributed to the poor
3/14/2016 0 Comments
The Cabinet approved the proponents of the Ministry of Planning on housing and stalls were distributed to the poor controls.
The proposal included the first economic housing, which the government bear 50% of the actual cost of housing unit, and borne by the beneficiary of a percentage of the remaining cost to be paid in monthly installments over 20 years , that devolves amounts allowances for sale to the public treasury of the state and the State assumes special recovery fund administrative expenses increased by 1%. the
second proposal provided for the shops and stalls, as the government bears 50% of the cost of the stalls and the actual shops and borne by the beneficiary ratio of 50% is also of the remaining cost to to be repaid in monthly installments over five years, that amounts allowances sales accrue to the public treasury of the state, bear state for the recovery of funds and administrative expenses increased by 1%.
the Council of Ministers resolution No. 71 for the year 2016, according to the provisions of Article 40 of the sale and rent money law State No. 21 of 2013.