Madbouly: We are considering introducing new banking and tax facilities for the real estate sectorVisits : 108

Madbouly: We are considering introducing new banking and tax facilities for the real estate sector

The Prime Minister, Mostafa Madbouly, said that the Council will study with the Central Bank the proposals and demands of representatives of the real estate and construction sector regarding studying the provision of a number of facilities from the Central Bank, such as expanding the real estate financing initiatives offered, by increasing the number of beneficiaries, by raising the ceiling on the value of the units benefiting from the financing As well as increasing the area of the funded unit from 150 m, obtaining facilities for bank interest in addition to studying their demands quickly to pay the dues of the contracting sector and the facilities for paying taxes.