ISLAMABAD: The federal government has expanded the Prime Minister’s Apna Ghar (PM-APG) housing finance program to include overseas Pakistanis, aiming to broaden access to affordable housing and boost investment in the sector. The decision emerged during a meeting of the Economic Coordination Committee (ECC), chaired by Finance Minister Muhammad Aurangzeb at the Finance Division.
During the session, the ECC approved a revised framework designed to scale up housing finance outreach under the flagship initiative. The updated structure introduces institutional financing mechanisms while encouraging public-private partnerships to strengthen implementation. In addition, authorities have allowed non-banking financial institutions to participate, thereby diversifying funding sources and increasing flexibility in financing options.
Importantly, the inclusion of overseas Pakistanis marks a significant policy shift. Officials believe this move will channel remittances into the housing sector, which could stimulate construction activity and support broader economic growth. Moreover, the government expects that expanding the investor base will accelerate progress toward national housing targets.
According to officials, the revised framework focuses on improving accessibility and efficiency in housing finance. As a result, more individuals, including those living abroad, will be able to benefit from structured financing solutions. Furthermore, the integration of multiple financial stakeholders aims to reduce bottlenecks that previously slowed down disbursement and project execution.
Overall, policymakers view the expansion as a strategic step toward addressing Pakistan’s housing shortage. By leveraging institutional support and overseas investment, the government seeks to create a more inclusive and sustainable housing finance ecosystem while advancing long-term development goals.
