Financing approved under the government’s Apna Ghar housing scheme has almost doubled since June, reaching Rs. 279 billion by mid-August, the Finance Division said on Tuesday.
The progress was reviewed during a meeting of the Access to Finance Steering Committee chaired by Finance Minister Muhammad Aurangzeb.
Under the Wazir-e-Azam Apna Ghar Program, applications increased 52 percent from June to nearly 139,000, while approvals climbed 84 percent to more than 46,000.
The number of loans disbursed rose 59 percent to over 7,600, with the value of disbursements exceeding Rs. 38 billion.
Overall housing finance also increased, rising from around Rs. 294 billion at the end of June to Rs. 307 billion by mid-August.
The government is supporting mortgage lending through regulatory changes, including a 90:10 loan-to-value ratio, a 65 percent debt-burden ratio, simplified property valuation and documentation, digital processing and longer loan tenors.
The committee also reviewed the Financial Institutions (Recovery of Finances) (Amendment) Act, 2026, which the government expects to strengthen the legal framework for mortgage recovery and encourage banks to expand housing finance.
Agriculture and SME lending also increased during the period. The number of agriculture borrowers rose by around 115,000 to 3.37 million, while agricultural financing stood at approximately Rs. 1.26 trillion.
Formal SME financing reached around Rs. 1.05 trillion, covering about 330,000 businesses.
The government aims to increase financing for both agriculture and SMEs to Rs. 1.5 trillion by June 2027 and Rs. 2 trillion by June 2028.
The committee also reviewed export financing and the Performance-Based Rebate on Incremental Exports, which offers exporters a rebate of up to 2 percent on additional exports.
Finance Minister Aurangzeb directed regular monitoring of bank-wise financing, approvals and disbursements to identify and address implementation bottlenecks.
The government said the broader objective is to expand access to finance for homeowners, farmers, SMEs and exporters and support private-sector investment and economic growth.
