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ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has included licensed Housing Finance Companies (HFCs) as executing agencies (EAs) under the Government Markup Subsidy Scheme (GMSS) for housing finance.

The government has taken the decision to facilitate housing finance in the country. In this regard, the SECP has issued a circular on the inclusion of HFCs in the GMSS for housing finance.

According to the SECP’s circular (5 of 2022), in pursuance of the approval by the Economic Coordination Committee (ECC) and ratification by the Federal Cabinet on January 11, 2022, the State Bank of Pakistan (SBP) vide its letter dated March 8, 2022, addressed to the SECP (the “Commission”) informed that it has included the HFCs duly licensed by the Commission as EAs under the GMSS.

Copyright Business Recorder, 2022

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has included licensed Housing Finance Companies (HFCs) as executing agencies (EAs) under the Government Markup Subsidy Scheme (GMSS) for housing finance.

The government has taken the decision to facilitate housing finance in the country. In this regard, the SECP has issued a circular on the inclusion of HFCs in the GMSS for housing finance.

According to the SECP’s circular (5 of 2022), in pursuance of the approval by the Economic Coordination Committee (ECC) and ratification by the Federal Cabinet on January 11, 2022, the State Bank of Pakistan (SBP) vide its letter dated March 8, 2022, addressed to the SECP (the “Commission”) informed that it has included the HFCs duly licensed by the Commission as EAs under the GMSS.

Copyright Business Recorder, 2022

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has included licensed Housing Finance Companies (HFCs) as executing agencies (EAs) under the Government Markup Subsidy Scheme (GMSS) for housing finance.

The government has taken the decision to facilitate housing finance in the country. In this regard, the SECP has issued a circular on the inclusion of HFCs in the GMSS for housing finance.

According to the SECP’s circular (5 of 2022), in pursuance of the approval by the Economic Coordination Committee (ECC) and ratification by the Federal Cabinet on January 11, 2022, the State Bank of Pakistan (SBP) vide its letter dated March 8, 2022, addressed to the SECP (the “Commission”) informed that it has included the HFCs duly licensed by the Commission as EAs under the GMSS.

Copyright Business Recorder, 2022

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