By Mohammed Al A’Ali
The government should consider allowing pensioners to pay 10 per cent of their net monthly income towards repaying their housing loans – instead of the current 25pc, according to a group of five MPs.
The proposal, spearheaded by Parliament services committee chairman Ahmed Al Ansari, comes as many families are finding it difficult to make payments, with the coronavirus (Covid-19) pandemic compounding the problem.
The lowest pension is BD150 per month and the highest is 80pc of a person’s net income, depending on years of service and deals.
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