Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

PM Shehbaz launches 10 million BISP Digital Wallets, terms landmark step towards cashless economy

byCT Report
25/08/2025
in Breaking News, Islamabad, Latest News, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday launched 10 million digital wallets for Benazir Income Support Programme (BISP) beneficiaries, calling it a historic milestone in Pakistan’s journey towards transparency, financial inclusion, and a cashless economy.

With a symbolic palm touch, the Prime Minister inaugurated the system in the presence of federal ministers, BISP leadership, and international partners, including GIZ. He congratulated BISP Chairperson Senator Rubina Khalid, the BISP team, and partner institutions for the “landmark decision that will safeguard genuine recipients and protect them from undue difficulties.”

You might also like

Finance minister discusses REITs growth with stakeholders

02/05/2026

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

02/05/2026

“The digital wallet system is in its true sense blessed by the soul of Shaheed Mohtarma Benazir Bhutto, as it empowers BISP beneficiaries with safe, transparent, and direct access to financial assistance,” PM Shehbaz said.

He emphasized that BISP remains a “great initiative for poverty alleviation and employment generation,” but stressed that continued efforts were needed to expand its impact.

The prime minister termed the launch “a great leap towards a cashless economy.” He recalled that during Ramazan, 78 percent of the relief package was successfully disbursed through digital channels despite skepticism and resistance from vested interests. “Cashless transactions are the pressing requirement of our times. They save time, end corruption, and bring efficiency, helping Pakistan progress rapidly,” he remarked.

The prime minister revealed that he personally chaired multiple meetings on digitization despite initial “indifferent attitudes and boredom” on the issue, underlining his resolve to transform government-to-government, business-to-business, and personal transactions into digital channels.

PM Shehbaz urged BISP leadership to integrate conditionalities on education and health into the programme. “If a family is receiving assistance, it should be linked with the condition that all children of that household attend school. Similarly, health initiatives must be tied with BISP support. Only then will this programme become a true legacy benefiting millions of children,” he stated, calling for reducing the existing eight to ten-month implementation cycle to just four months.Buy vitamins and supplements

The Prime Minister concluded by paying tribute to all stakeholders State Bank of Pakistan, IT Ministry, Pakistani banks, and development partners for their contributions. “We are not just disbursing aid, we are raising an army of architects and workers to build the nation,” he said.

Earlier, BISP Federal Secretary Amir Ali Ahmed briefed that under the Prime Minister’s direction, a high-level committee was formed to ensure transparency and ease of access in the digital system. “After today’s launch, 10 million digital wallets will be developed using beneficiaries’ CNICs, supported by a biometric verification system to prevent identity theft,” he said. He added that 10 million free SIM cards would also be distributed, with the first phase already underway in Hyderabad, Sukkur, and Rahim Yar Khan in collaboration with Jazz/Mobilink.

BISP Chairperson Senator Rubina Khalid termed the launch an “important and historic milestone” in Pakistan’s social protection journey. “This programme, which supports over 10 million impoverished families, is not just financial assistance, it is a pathway to social and economic empowerment,” she said.

She noted that linking benefits to women’s CNICs gave them recognition and inclusion in the national database. The new wallets, she added, would “open further opportunities” and be supported by digital literacy programmes for women beneficiaries unfamiliar with technology.

Senator Rubina highlighted that BISP is the continuation of Shaheed Benazir Bhutto’s vision for women’s empowerment, a dream carried forward by President Asif Ali Zardari and now “excelling further under Prime Minister Shehbaz Sharif’s leadership.”

Related Stories

Finance minister discusses REITs growth with stakeholders

byCT Report
02/05/2026

ISLAMABAD:Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Saturday chaired a virtual meeting of the Focus Group to...

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

byCT Report
02/05/2026

LAHORE: Prime Minister Shehbaz Sharif held a meeting with Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin...

CM’s advisor Ali Mustafa Dar unveils AI governance plan

byCT Report
02/05/2026

RAWALPINDI: Advisor to the Chief Minister of Punjab on Artificial Intelligence and Special Initiatives, Ali Mustafa Dar, has announced that...

Pakistan’s inflation hits two-year high at 10.9pc in April

byCT Report
02/05/2026

ISLAMABAD: Pakistan’s inflation surged to a near two-year high of 10.9% in April, driven by rising fuel prices, global supply...

Next Post

Iran expresses solidarity with Pakistan over deadly floods

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.