Economist: Housing loan "a positive step" will provide 54 000 housing units

Last update: Tuesday, June 21, 2016 - 10:39

Vice President of the Economic Information Center expert haven secretary, the launch of the central bank for nearly 2.700 trillion dinars sector housing loans granted to citizens a positive step, saying it will contribute to the development of the economy and the elimination of unemployment and will enable 54,000 citizens from owning housing units for them.

The secretary said "the central bank initiative to lend to citizens who wish to build a house or buy housing units, amounting to 2.700 trillion dinars, which will distribute the value of 850 billion dinars for the Housing Fund and others like it to the bank and real estate trillion dinars government and private banks to lend to the citizens in the area of ​​housing will be reflected positively on the economic and living reality for citizens in addition to the his contribution to the development of the national economy by reviving the cement production process (most governmental cement plants), construction and other materials involved in the construction of housing units Kaltabouk and iron, electrical wires and plastics operations."