Uruguayan Minister Calls For Dev't Of Long-Term, Independent Public Housing Policy

(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 21. Housing policy must rely on a long-term strategic approach and maintain absolute institutional continuity regardless of changes in government administration, Tamara Paceyro, Minister of Housing and Territorial Planning of Uruguay, said, Trend reports.

She made the remarks during a session titled "A New Deal for Housing Finance" held within the framework of the 13th session of the World Urban Forum (WUF13) in Baku.

According to her, constant fluctuations in real estate and zoning regulations actively hinder the efficiency of the sector. "We cannot alter the rules of the game every five years, because doing so fundamentally destabilizes the system and prevents it from functioning in the structural manner we all desire," the minister pointed out.

The official emphasized that national housing frameworks require classification as sovereign state strategies that exist beyond short-term political cycles. "Establishing a unified state housing policy remains of paramount importance. We must secure broad legislative and social pacts that remain fully operational irrespective of changing political administrations to guarantee the baseline continuity and resilience of our housing initiatives," Paceyro Marin noted.

The minister concurrently directed attention toward the pressing necessity of deploying innovations across the housing ecosystem. According to her, structural upgrades are urgently required within construction technologies, financial underwriting mechanisms, and public administrative workflows. "We cannot continue operating along the exact same methodologies used 20 or 30 years ago, because the global landscape has evolved, and the socio-economic needs and realities of families have shifted. The state and its public policies must rapidly adapt to these modern parameters," she stated.

In conclusion, Paceyro extended her appreciation to the forum organizers for the platform to present Uruguay's domestic models and expressed readiness to deepen multilateral cooperation regarding housing finance architecture and urban planning tracks.

Today marks the fifth day of WUF13 in Baku.

The first day included a ministerial meeting dedicated to the New Urban Agenda, a ministerial roundtable, assemblies for women and civil society, business sessions, and discussions on urban prosperity. An official ceremony marking the raising of the UN and Azerbaijani flags also took place.

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