Stipends will continue to be adjusted in line with inflation rates to maintain purchasing power.
ISLAMABAD - The Benazir Income Support Programme plays a crucial role in Pakistan’s social safety net by providing financial assistance to low-income families and vulnerable groups. In the upcoming fiscal year, an allocation of Rs716 billion is projected for BISP in the national budget .
In order to enhance the impact of BISP and address rising inflation and socio-economic challenges, it is proposed that the budget allocation for BISP be increased by up to 20 per cent in the next fiscal year. This increase will allow for an expansion of beneficiary coverage, improved stipend amounts, and greater transparency in fund distribution. Key components of proposal: Starting January 2026, the monthly cash transfer amount under the program will be raised by Rs 1,000. The quarterly stipend provided to beneficiaries will increase from Rs 13,500 to Rs 14,500. Stipends will continue to be adjusted in line with inflation rates to maintain purchasing power. The target for the Kafalat program is to increase the number of beneficiaries to 10 million families . So far, 700,000 new families have been enrolled during the current fiscal year.Govt assures IMF of strict crackdown on non-filers in upcoming budgetAfter Putin call, Trump says Russia and Ukraine to start 'immediate' talks on ceasefireRecommended NewsPrime Minister Shehbaz Sharif contacts Bilawal Bhutto
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kashmiris stand with Pakistan like a 'lead wall,' says AJK PM amid war-like budget allocationIn a fiery and emotionally charged address to the Azad Jammu and Kashmir Legislative Assembly, Prime Minister Chaudhry Anwarul Haq Thursday called for unity among all Pakistanis, stating that Kashmiris are ready to make any sacrifice to ensure a strong, stable Pakistan.
Read more »
Sindh launches austerity drive to increase budget allocations for uplift projectsThe main projects identified for accelerated funding in the new fiscal year
Read more »
Govt employees seek 50pc hike in salaries during budgetThe federal government employees have announced to stage protest demonstration in Islamabad for seeking hike in wages in the upcoming federal budget for fiscal year 2025-26, reported 24NewsHDTV Channel.
Read more »
Pakistan and IMF Begin Fiscal Year 2025-2026 Budget NegotiationsAbb Takk News
Read more »
Pakistan to present budget for the new fiscal year on June 02Abb Takk News
Read more »
Govt sets GDP growth at 4.4pc for fiscal year 2025-26Govt sets GDP growth at 4.4pc for fiscal year 2025-26
Read more »




