Dissatisfied employees of the National Housing Enterprise claim that the current management has failed to improve the performance of the institution financially as well as operationally. In a petition, they handed over to the CEO, they say since 2016, the institution has built only 600 homes against the target of 6,250 up to and including 2021. They further claim that the business’s loan book, which is the main source of income, is shrinking daily with few new loans which are added, and thus there are concerns about the sustainability of the company. They also demand a one-time adjustment of 60 percent to their basic salary instead of the annual salary increase of 3.4 percent agreed between the management and the union during negotiations in February 2022.
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