Macroeconomy/Finance

The Government plans to build 20,000 houses with a fund of $359.2 million

The Government launched a new housing plan through which it projects the construction of some 20,000 houses with a fund of up to Bs 2.5 billion ($359.2 mn). Loans of up to Bs 150,000 ($21,550) will be granted to a segment not been served before by social housing loans. The interest will be 5.5% annually.

Source: La Razón