Good News: IMF Approves Increase In Benazir Kafaalat Stipend

Increase In Benazir Kafaalat Stipend

Kafaalat Stipend:Finally, The IMF has recently approved an increase in the financial aid provided by the Benazir Kafaalat program. This step is an particular link to take the existing poor and deserving families out of the poverty and empower the social security system in Pakistan.Keep in mind that the Benazir Kafalat Program is a social security network run under the BISP by which financial aid isgiven to millions of people who are from the poor and deserving families.In this article, you will get complete details about the increase in aid. Besides this, you will be told with complete details when this increase will be applied. Moreover,in this article, you will get to see the latest information about the new registration. If youare from the poor and deserving family, then this article is for you, you need to read the article completely.

Also Read:Benazir Taleemi Wazaif New Payment Update October To December 2024

Details Of Increase In Stipend

If we talk about this increase, let us tell you that the quarterly financial aid given to the beneficiaries under the Benazir kafaalat program has been increased by 3,000. Before this, the beneficiaries were given financial aid of 10500 now they will get 13500. And if we talk about when this increase will be implemented, then let us tell you that this increase will start from January 2025.

This decision taken by the IMF will protect the poor and deserving people of Pakistan from the effects of the economic crisis and hopefullyThat after this increase, it will have a positive impact on the deserving families and they will be able to get out of poverty and lead a better life as soon as possible.

Also Read:BISP KAFALAT PROGRAM CNIC CHECK & ONLINE REGISTRATION 2024

Role of IMF and World Bank

If we talk about the role of the IMF and the World Bank, let me tell you that the World Bank is currently working to improve the management system of the Benazir Income Support Program.If we talk about the role of the IMF and the World Bank, let me tell you that the World Bank is currently working to improve the management system of the Benazir Income Support Program.If we talk about the budget of BISP this year, it is 599 billion That is 0.5 percent of Pakistan’s total GDP, which represents a 27 percent increase in payments.

Also Read:BISP Released New NSER Survey & Eligibility Criteria 2024

Final Words

This increase in Benazir Kafalat program payment by the IMF is a big relief for the poor people, under which they will now be eligible to get 13500 instead of 10500. In fact, the main purpose of this increase is to make the poor and deserving families more economically stable so that they can remove themselves from the poverty level as soon as possible. Along with this, where the stipend of the kafaalat program has been increased,Along with this increase in assistance, the registration for the BISP program which was closed for the last three years has also been started, so it is a big news for the poor people that they can get themselves registered in this program, So they can complete their registration process anytime in the next three years