BISP’s regular funding, 8.1 Million families of country,Faisal Karim Kundi

Islamabad_ The Special Assistant to Prime Minister for Poverty Alleviation & Social Safety Mr.
Faisal Karim Kundi has directed the Benazir Income Support Program to expand the operations of
BISP and ensure that maximum beneficiaries are benefited from the funding of the government.
Federal Secretary Benazir Income Support Programme Mr. Yusuf Khan gave detailed briefing to
SAPM at BISP Headquarters Islamabad. On this occasion, the Additional Secretary and all
Director Generals were also present who replied the queries of SAPM.
Mr. Yusuf Khan briefed the SAPM on all the components of Benazir Income Support Program
including Benazir Kafalat, Benazir Taleemi Wazaif, Benazir Nashonuma, Benazir Undergraduate
Program and etc.
The SAPM was informed that under BISP’s regular funding, 8.1 Million families of country are
being provided Rs 7000, quarterly, and the current level of PMT (Proxy Means Test) is 32. “The
BISP is in process to complete the disbursement of Rs. 70 Billion among 2.7 Million families
under Prime Minister’s Cash relief in the calamity-hit/flood affected areas of Pakistan, and so far
97.3 % of disbursement has been done” the Federal Secretary BISP added.
Secretary BISP Mr. Yusuf Khan further informed Mr. Kundi that BISP, under Benazir Taleemi
Wazaif, has given Rs. 21.6 Billion to the students of class 1 to 12, and the girls are given a little
bit more stipends so that their parents keep their education continue. He added that under Benazir
Undergraduate Program 92000 students of poor families having enrolment in approved public
sector educational institutions are being funded with tuition fees and in addition Rs 40,000/
annually for their living expenditures. In last two years Rs. 20.62 Billions have been disbursed in
this connection.
The SAPM Mr. Faisal Karim Kundi was also informed that BISP is in process to revamp the
current payment system, and introduce a new banking system under which the beneficiaries would
open up their own bank accounts to get funding in a dignified way. This would be a financial
empowerment for women, and in this connection BISP is in consultation with Banks through the
State Bank of Pakistan.
After briefing, Mr. Faisal Karim Kundi visited different parts of BISP HQ including its call center
and NSER sections where he was informed that Pakistan would be on top who introduces dynamic
registry to collect and compile the data of families facing financial difficulties

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