Additional OMR70 million allocated to boost the residential assistance programme

  • Date: 29-May-2024
  • Source: Times of Oman
  • Sector:Real Estate
  • Country:Oman
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Additional OMR70 million allocated to boost the residential assistance programme

Muscat: For the government’s continuous quest to develop norms for a dignified life and to provide decent residences for citizens in a manner that tallies the development plans, the Council of Ministers approved the addition of OMR70 million to boost the residential assistance programme at the Ministry of Housing and Urban Planning for the years 2024 and 2025.

Part of the fund will be dedicated to purchasing readymade residences for those entitled (in modern projects). This is made within the context of the national initiatives for neighborhoods that is overseen by the Ministry of Housing and Urban Planning.