Mera Ghar Scheme: The Economic Coordination Committee (ECC) of Pakistan’s cabinet has approved the revised ‘Mera Ghar Mera Aashiana’ scheme, focusing on mortgage financing for low-cost housing. This decision was made during a meeting chaired by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, as announced by the finance ministry on February 28, 2026.
The revised scheme introduces significant changes, including an increase in the loan limit to Rs10 million, expansion of eligible housing size parameters, and a uniform 5% end-user pricing. The initiative aims to scale housing finance over a four-year period, with implementation through the State Bank of Pakistan’s mechanisms. Loans already disbursed will be adjusted to the new 5% rate.
Since its inception, the scheme has seen a robust response, with over 10,594 loan applications received. The ECC emphasized that subsidy payments will align with actual disbursements and fit within annual fiscal allocations. This framework is designed to enhance access to affordable housing finance, stimulate construction activity, generate employment, and promote sustainable home ownership.
In addition to housing, the ECC approved several grants, including Rs7.289 million for an agricultural productivity project in Barani areas and Rs6.61 billion for the Thar Coal Rail Connectivity Project. These initiatives are expected to boost agricultural output and energy security, reducing reliance on imported fuels. The meeting saw participation from key federal ministers and officials.
Published in SouthAsianDesk, February 28th, 2026
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