NA Body Expresses Concern On Disbursements Process, Surveys BISP
Faizan Hashmi Published August 07, 2024 | 11:02 PM
The Standing Committee on Finance and Revenue on Wednesday expressed concern on the disbursements process, surveys and corruptions’ in the Benazir Income Support Program (BISP)
ISLAMABAD, (UrduPoint / Pakistan Point News - 7th Aug, 2024) The Standing Committee on Finance and Revenue on Wednesday expressed concern on the disbursements process, surveys and corruptions’ in the Benazir Income Support Program (BISP).
The 5th meeting of the Standing Committee on Finance and Revenue was held, in the Parliament House under the Chairmanship of Syed Naveed Qamar, MNA/Chair.
The Committee was briefed on major programs and initiatives, Budget allocations, disbursements, poverty surveys and new payment methods in BISP.
The Chairperson BISP and Secretary Poverty Alleviation and Social Safety informed the Committee that during 2024-25, BISP’s annual Budget has increased by 27% as compared to last year. They added that the current Budget of BISP is 598.718 billion.
The Committee expressed concern on the disbursement process, surveys, illegal deduction by POS, and corruption in the program and desired direct access of beneficiaries on the payments.
The committee also expressed displeasure on the entire process of recertification and asked BISP officials to stop the traditional bureaucratic approach’ toward policy making matters.
The Committee directed the Governor State Bank of Pakistan (SBP) to help BISP in the process of secure disbursements and ensure biometrics of the beneficiary in the system.
The Governor SBP briefed the committee on inflation, money supply, monetary policy, current account, foreign exchange reserves and road-map to price stability and sustainable growth.
He replied to a number of questions and queries of the chair and the members of the committee.
The meeting was attended by MNAs Bilal Azhar Kayani, Rana Iradat Sharif Khan, Syed Sami Ul Hassan Gilani, Waseem Qadir, Kesoo Mal Kheal Das, Ali Jan Mazari, Dr. Mirza Ikhtiar Baig, Dr Nafisa Shah,Arshad Abdullah Vohra, Omar Ayub Khan, Muhammad Mobeen Arif (ON ZOOM),Usama Ahmed Mela (ON ZOOM), Muhammad Ali Sarfraz, and Ms. Shahida Begum.
The meeting was also attended by Ali Pervaiz Malik, the State Minister for Finance, Ms Rubina Khalid, Chairperson BISP, Secretary Finance Division, Secretary BISP, Governor SBP and other senior officers.
Related Topics
Recent Stories
Regional Director ANF calls on Governor Punjab
Undergoing Post-Induction Department training officers visit PSCA
Pakistan can not afford revolution of anarchy: Irfan Siddiqui
UN delegation meets Chief Secretary Sindh
Islamabad police nab main suspect in murder case
Delegation of int'l major investment companies meets Shafay Hussain
Parliamentarians inspect & lauds facilities at IMCB I-8/3
KU, ICAN signs MoU to enhance quality life of children, young adults
Canadian High Commissioner meets Amir Muqam
Lahore Police to check supply of prohibited weapons
Brig. (R) Alauddin visits FJWU
Vegetable market in Ravi City to be best market of Asia
More Stories From Business
-
Powering growth: CCP approves merger in consumer electronics sector
1 hour ago -
ECB cuts rates again as inflation slows
3 hours ago -
State Bank issues clarification on designing new notes
3 hours ago -
CCoSOEs approves categorization of NHA, Pakistan Post
3 hours ago -
Land acquisition for Buner Marble city to complete within 2 months
5 hours ago -
PSX turns around to bullish trend, gains 365 points
5 hours ago
-
Rupee gains 10 paisa against dollar
2 hours ago -
Pakistan, Russia to sign agreement for enhancing agricultural, industrial cooperation
5 hours ago -
Yango Helps Fulfil Driver's Dream: Supporting a Father's Journey to Secure His Son’s Medical Care
5 hours ago -
Stocks rally on cooler US inflation, before ECB rate call
2 hours ago -
Pak-Russia to sing agreement for enhancing agricultural, industrial cooperation
6 hours ago -
Pakistan Chairs 23rd meeting of SCO ministers responsible for foreign economy, trade
6 hours ago