Politics

Efforts Underway To Provide Mortgage Facilities In Afghanistan

Wednesday, November 30, 2016

Kabul (BNA) Efforts are underway to provide mortgage facilities for the residents of the country as the Ministry of Urban Development and Housing is busy to resolve the housing issues being faced by the residents of the country.
The latest attempts to provide mortgage facilities to pave the way for the smooth sale and purchase of the properties comes as the country witnessed an unprecedented hike in properties values since the fall of the Taliban regime, putting the ordinary citizens of the country in a difficult situation to procure houses and properties.
In the meantime, the Ministry of Urban Development and Housing, said Tuesday that negotiations are underway for the facilitation of mortgage to enable the citizens of the country to purchase property on long term loans.
The Minister of Urban Development and Housing Syed Sadat Mansoor Naderi met with the representatives of the Central Bank and National Bank of Afghanistan to discuss ways for the facilitation of mortgage.
 

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