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Home Breaking News

Kafaalat payments: BISP set to release Q4 tranche

byCT Report
19/06/2023
in Breaking News, Business, Latest News
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ISLAMABAD: Benazir Income Support Programme (BISP) has announced releasing the fourth quarterly tranche of Benazir Kafaalat cash assistance from tomorrow (Monday).

According to a press release issued here, the fourth quarterly tranche will be Rs 9000 per beneficiary, after 25 increase, which was announced by the federal government early this year.

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In addition to Benazir Kafaalat cash assistance, Benazir Taleemi Wazaif stipend’s instalment of January to March is also being disbursed to 6.7 million school-going students, having at least 70 per cent attendance at schools, who are registered under Benazir Taleemi Wazaif, the press release added.

Around Rs 81 billion will be disbursed among nine million beneficiary families of Benazir Kafaalat cash assistance, while another Rs16 billion will disbursed among 6.7 million beneficiaries of Taleemi Wazaif, the press release added.

Federal Minister for Poverty Alleviation and Social Safety and Chairperson BISP, Shazia Marri, in her message, has called upon the registered beneficiaries to receive the full amount of Rs.9000 along with the receipt of payment.

She has directed the concerned officials to ensure transparency through strict monitoring and vigilance.

She said that monitoring teams have to watch and supervise the cash disbursement process and ensure stern action against any complaint of leakage or deduction from beneficiaries’ precious cash assistance.

She stressed that the beneficiaries should receive their entire amount of Rs. 9000/- plus a stipend of Benazir Taleemi Wazaif according to gender or education level of their child.

She also emphasized the beneficiaries demand a receipt of their payment and to count and check their cash before leaving the POS desk.

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