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ISLAMABAD, Aug 7 (APP):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.
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