New housing scheme for public servants

Only public servants earning less than P12, 000 per month are eligible for the scheme
Only public servants earning less than P12, 000 per month are eligible for the scheme

Government has set aside P30 million in the current financial year for a housing scheme aimed at promoting home ownership for citizen public service employees earning less than P12,000.

 In an interview with BusinessWeek, the Minister of Lands and Housing, Prince Maele said they have decided to come up with the initiative to help government employees who cannot afford mortgages.

“Most of government employees do not have accommodation and cannot access mortgage loans from the banks hence why we thought this scheme would be ideal. This will help them to construct at least two and half-roomed houses and improve some of the houses they have,” he said.

Editor's Comment
A step in the right direction

That is indeed a welcome development, especially looking at the fact that the manual way of doing things is slowly disappearing and competency in the use of computers and other digital gadgets has become a must.The simple way of looking at it is just an example that almost all companies have gone completely digital and school leavers will be better placed after leaving school, because they will already be familiar with the use of computers.The...

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