The Albanian government on Wednesday abrogated a previous decision of the Council of Ministers that gives privileged treatment to state officials on housing loans, according to the Albanian Telegraphic Agency (ATA). This abolition will prevent Albanian senior state officials from being treated in a privileged way in getting credit for houses. Instead, more housing loans will be transferred to ordinary citizens who are in desperate need of shelter. A recent audit by the Albanian Ministry of Urban Development and Tourism revealed the program of giving loans under preferential terms to political functionaries was abused by the powerful, but failed to address the concerns of low-income people and those in need of shelter. The audit report showed the officials were given home loans without meeting any criteria. Some were entitled to two home loans simultaneously, and others were given credit when they already possessed one or two residences. Related materials have been brought to the prosecution office for further investigation, the report said.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor