The State Bank of Pakistan (SBP) said Thursday that housing and construction financing saw “unprecedented” growth of 85 per cent during 2021.
Bank financing for houses and construction increased by Rs163 billion to Rs355bn from Rs192bn, the central bank said, adding loan disbursements under the Government Markup Subsidy scheme, also known as Mera Pakistan Mera Ghar (MPMG), increased by Rs38bn.