Transparent Payment System With BISP & SBP Partnership: 8171 Report!
Here is the latest update for all the BISP Beneficiaries who have completed their survey in the 8171 Ehsaas Program. Through Rubina Khalid’s special direction and unconditional efforts, the Benazir Income Support Program is upgrading its payment system with the State Bank of Pakistan (SBP) under her leadership. By making the payment method easier and more transparent, all eligible women will receive the complete amount of 13,500 from their accounts in the future.
Collaboration Between BISP and SBP To Streamline Stipend Payments
Jameel Ahmed, governor of the State Bank of Pakistan, and Senator Rubina Khalid, chairperson of the Benazir Income Support Programme (BISP), discussed this duty on Friday.
ججمعہ کے روز اسٹیٹ بینک آف پاکستان کے گورنر جمیل احمد اور بینظیر انکم سپورٹ پروگرام (BISP) کی چیئرپرسن سینیٹر روبینہ خالد نے اس حوالے سے تبادلہ خیال کیا۔ اسٹیٹ بینک آف پاکستان اور بینظیر انکم سپورٹ پروگرام کے درمیان ادائیگی کے ایک ہموار عمل کو تیار کیا گیا ہے۔
A streamlined disbursement process has been developed between the State Bank of Pakistan and the Benazir Income Support Program (BISP).
Main Purpose Of Calling Meeting With SBP
After receiving so many complaints and seeing corruption cases in BISP Payments, Rubina Khalid has taken a very accurate step to modify the BISP Old payment system so that all current and new beneficiaries can easily receive their complete stipends through the efficient payment system.
At the conference, participants discussed creating a new, more open, and enhanced method for awarding BISP stipends to deserving women.
The senator highlighted the President and Prime Minister’s desire for an open and respectable payment system for low-income women receiving BISP benefits during the discussion.
New banking system for BISP payments
According to Rubina Khalid, Benazir Chairperson, beneficiaries will be able to access a new financial system. Instead of just one bank, they will have contracts with six banks, ensuring that all recipients receive their monthly payments without deductions.
BISP has implemented a new financial structure that combines the resources of up to six different institutions to provide financial assistance to worthy women, according to Rubina Khalid.
Disbursement of payments in a respectful manner
Governor SBP promised that the State Bank of Pakistan and the BISP would meet together to create a streamlined process for giving stipends to worthy women.
As a result, the beneficiaries will receive their money in a fair and respectful manner
In conclusion
As a result of the partnership between BISP and SBP, beneficiaries will be able to receive more transparent and efficient payments. The introduction of multiple banking options and a focus on eliminating corruption has allowed eligible women to receive their full stipends of Rs. 13,500 in a timely and respectful manner.