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BISP’s collaboration with microfinance institutions vital: Marvi

byCustoms Today Report
18/10/2015
in Business
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ISLAMABAD: Minister of State and Benazir Income Support Programme (BISP) Chairperson Marvi Memon has said that the BISP’s collaboration with microfinance institutions is essential for devising graduation strategies for the poor.

She said this during the opening session of an event of “The International Day for Eradication for Poverty”, which was jointly organised by BISP, Pakistan Microfinance Network (PMN) and Punjab Microfinance Network (PMFN) at the BISP Secretariat.

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Marvi said that BISP is one of the largest social safety net programmes in the world whose mandate is to provide basic sustenance to the poorest of the poor.

The primary objective of this event was to provide a platform to all stakeholders such as microfinance providers, donor agencies, policy makers, regulators, development agencies and government authorities to discuss the challenges in the achievement of SDGs related to combating poverty and achieving inclusive economic growth.

Another purpose of this event was to initiate a dialogue for concerted efforts among all relevant stakeholders, especially in the context of the launch of SDGs globally and NFIS nationally and to break free low-income households and vulnerable population from the chains of poverty through the provision of financial services.

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