19 Hrs
Source:
التيار الوطني الحر
Housing Loans: Ministers Push Removal, Govt Lowers
The article focused on the Lebanese Cabinet's decision regarding housing loans, where the allocated funds were significantly reduced from $100 million to approximately $35.2 million for 2027, with a portion of the funding directed to support social assistance programs like "Aman." The council also approved an increase in transportation allowances for the public sector, rejecting any hikes in gasoline prices and the extension of support for public drivers. Meanwhile, the government continues to exclude private sector housing loans from funding, limiting access to the Housing Bank, which is mostly owned by the private sector. These steps are seen as an attempt to stimulate residential lending through the government, despite the shrinking financial resources allocated for it.
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