Housing loans with 5 percent interest rate cap to be issued from October

President Dr Mohamed Muizzu has said that under efforts to resolve housing difficulties, a housing loan with a 5 percent interest rate cap will be issued from this October.

Speaking at last night's ceremony to mark the Maldives' 59th Independence Day, the President said that while facilitating housing options for all is a key pledge of this government, this loan would be open to Maldivians living in any region of the country.