The Prime Minister of the National Unity Government , Abdul Hamid Dbeibeh announced the end of the registration phase in the housing loan system and instructed him to establish controls to start disbursing housing loans as soon as possible.
This came during an expanded meeting held by Dbeibeh this evening, Wednesday, at the Cabinet Office, which included the ministerial committee in charge of implementing the housing lending initiative, the Real Estate Registration Authority, the Director of the Public Property Authority, the Director General of the Savings and Real Estate Investment Bank, and the advisor to the Governor of the Central Bank of Libya.
The Prime Minister of the National Unity Government stressed that the housing initiative needs exceptional efforts for its success, and that serious work must be done to actually start implementing it by entering into the stage of handing over loans.
For his part, the Minister of Local Government explained that the system that was prepared in which nearly one million citizens registered, and those who completed filling out the required data and sending documents amounted to about 600,000 citizens, and thus considered the end of the first phase of the initiative, which is registration.
At the conclusion of the meeting, Dbeibeh issued instructions to complete the procedures for unfinished residential lands and apartments, to determine the beneficiaries in particular, and to put in place practical controls to start disbursing housing loans in the near future.