7.2mln BISP beneficiaries get over Rs.65 bln

ISLAMABAD: Benazir Income Support Programme (BISP) has disbursed more than Rs. 65 billion among over 7.2 million beneficiary women so far. BISP is disbursing the 4th quarterly tranche of Benazir Kafaalat for the Financial Year-2022-23. Under Benazir Kafaalat, nine million registered beneficiary families are entitled to a quarterly installment of Rs 9,000 per household.

BISP has already released over Rs 81 billion to its partner banks, that is, Bank Alfalah and Habib Bank Limited (HBL) for disbursement among the beneficiaries through their retail distribution network. Along with Benazir Kafaalat, Benazir educational scholarships are also being given out to the children of registered families, however, 70% attendance in the school is mandatory to receive educational scholarships, said the spokesman of the programme. –Agencies