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MTV Lebanon
Jaber and Sayed oversee housing loans re-launch
The article concerns Finance Minister Yassine Jaber's renewed efforts to revive the role of the General Housing Corporation through two main proposals. One of these involves allocating $100 million in funding to finance housing loans, with the repayment amounts gradually returning to the treasury through beneficiary installments. This allocation is expected to enable the granting of loans to approximately 1,400 families annually, helping to address the housing crisis and stimulate 65 economic sectors related to construction and building materials. It will also improve the economic cycle and employment opportunities. Additionally, Jaber discussed with delegations from the municipalities of Nabatieh and Bint Jbeil their development needs, emphasizing his commitment to follow up with the relevant authorities to provide the necessary funding and improve the financial situation of the municipalities. This initiative is part of efforts to ease burdens and support local development amid challenging economic conditions.
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