Petrescu said Thursday the fund has already allotted RON800 million in guarantees for the state-backed mortgage lending program for first time homebuyers.
The program was allotted RON2.5 billion for guarantees last year, RON2 billion this year. The budget for the program is expected to remain unchanged in 2019 and 2020, and to drop to RON1.5 billion in 2021, according to the government’s plans.