The Shura Council announced its approval of the recommendations of its Finance Committee which demanded in which the Real Estate Development Fund was requested to take the necessary measures to shorten the waiting period for loan applicants, stressing the need to strive to address the accumulated requests on the Real Estate Fund and find solutions to this worrying and disturbing issue for citizens after the number of waiting for loan applicants until the end of last year reached 326, 448 applications, and according to the Fund's report for the fiscal year 35/1436, the estimated value of these applications amounts to 224 billion and 144 million riyals.
<p class="p1The Council called on the Fund to expand the opening of women's offices in the regions of the Kingdom and support them with qualified and trained personnel, as the Finance Committee confirmed that a small percentage of the Fund's applicants for lending are women, and the Fund's latest report noted that there are not enough offices to serve women, and the offices suffer from a lack of female workers and their poor experience and their need for training and qualification.
The Council called on the Fund to expand the opening of female offices in the regions of the Kingdom and support them with qualified and trained personnel.
The Shura demanded coordination with the Ministry of Housing in addressing the overlap between the two bodies in terms of competencies and tasks after the issuance of the housing support regulation, and the absence of Sultan Al-Sultan from the vote on the real estate report caused the cancellation of the only recommendation he made on the Fund and demanded activating and restructuring its strategic vision for the next 50 years, and not to present it for discussion according to Council rules on additional recommendations.
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