Pakistan

PM Sharif approves annual allocation of BISP

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif has approves increase in the annual allocation for BISP from 40 billion to 105 billion rupees.

“The government is fully committed to protecting the most vulnerable segments of the society.”

The Prime Minister said this while giving approval in increase in the annual stipend to Benazir Income Support Programme beneficiaries.

He said the annual stipend had been enhanced from 12,000 to 18,000 rupees during the last two years, which were now further increased to 18,800 rupees.

Finance Minister Senator Mohammad Ishaq Dar, in a statement in Islamabad said the increase is in accordance with the increase in CPI during the last year.

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