Economy, Business And Markets
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Funds for Home Projects

Funds for Home ProjectsFunds for Home Projects

Commercial banks will finance homes for the poor using 0.5 percent of their taxable income. The central bank directed all commercial lenders and credit institutions to pay 0.5 percent of their taxable income to the government’s treasury for this purpose. The ministry of economic affairs and finance is in charge of collecting the sum in addition to previously set taxes.

Financialtribune.com