BISP and SBP Partnership to Simplify Stipend Disbursement Process

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BISP and SBP Partnership to Simplify Stipend Disbursement Process

The Benazir Income Support Programme (BISP) has partnered with the State Bank of Pakistan (SBP) to simplify and improve the disbursement of stipends for BISP beneficiaries. This partnership is aimed at making the payment process easier, more transparent, and more dignified for deserving women who rely on the program for financial assistance.

Key Points from the BISP and SBP Meeting

Key Points from the BISP and SBP Meeting

  • Meeting Leaders: The Chairperson of BISP, Senator Rubina Khalid, and the Governor of the State Bank of Pakistan, Jameel Ahmed, held a meeting to discuss the payment process.
  • Objective: The goal of the meeting was to create a better system for disbursing the PKR 10,500 stipend to BISP beneficiaries.
  • Vision for Transparency: Senator Rubina Khalid highlighted the vision of the President and Prime Minister to ensure a transparent, efficient, and respectful payment process for women in need.
  • Governor SBP’s Commitment: Governor Jameel Ahmed assured that the State Bank would work together with BISP to create a simplified and transparent payment procedure for these stipends.

Also Read: 180,000 BISP Beneficiaries Get Their 10500 Payment In Sar­godha District

A Transparent Payment System for BISP Beneficiaries

The discussion between BISP and SBP focused on developing a new, transparent system to ensure that stipends are disbursed with dignity. This partnership aims to improve the experience of the beneficiaries, making sure that they receive their payments efficiently and without unnecessary delays.

Benefits of the Partnership:

  • Simplified Payment Process: A straightforward payment method will be developed to reduce complications for beneficiaries.
  • Transparency: The new system will be transparent, ensuring that all payments are made securely and without fraud.
  • Dignified Process: The aim is to provide a respectful experience for the poor women who rely on BISP stipends.
PositionName
Chairperson, Benazir Income Support Programme (BISP)Senator Rubina Khalid
Governor, State Bank of Pakistan (SBP)Jameel Ahmed
BeneficiariesDeserving women under BISP

Conclusion

The partnership between the Benazir Income Support Programme (BISP) and the State Bank of Pakistan (SBP) marks a significant step towards improving the stipend disbursement process for deserving women. By developing a simplified and transparent system, the partnership aims to make payments more efficient, secure, and respectful for the beneficiaries.

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