Karachi: Minister for Poverty Alleviation and Social Safety and Chairperson Benazir Income Support Programme Shazia Marri said that ‘Benazir Social Protection Accounts’ is revolutionary milestone in 15-year journey of BISP which will further ensure transparency during cash disbursements, according to reports reaching here.

@bisp beneficiaries will hold Benazir Social Protection Accounts with partner banks, which are regular full mandate bank accounts.Beneficiaries will be given debit cards& cheque books. They’ll also have the option of selecting a bank of their choice. #CelebratingWomenEmpowerment https://t.co/RBqrnW5Luj

— Shazia Atta Marri (@ShaziaAttaMarri) July 7, 2023

She said that BISP has achieved significant milestone today with formal launch of Benazir Social Protection Accounts under esteemed patronage of Prime Minister Shehbaz Sharif.

She further said that this new payment system will give autonomy to women in selecting bank of their choice. Payment will be directly made into their accounts which beneficiaries can withdraw at their convenience, she added.

She informed that four banks namely National Bank, Bank Alfalah, JS Bank Limited and United Bank Limited have been initially selected through competitive process for new payment model i.e. ‘Benazir Social Protection Account’.

She acknowledged visionary role played by late Shaheed Mohtarma Benazir Bhutto, who dreamt of this social protection programme and former President Asif Ali Zardari who established it in 2008.

She said that BISP is non-political programme committed to provide financial support to deserving women on an equal basis. Over past 15 years, BISP has achieved numerous milestones: transforming lives of countless families across nation.

Published in The Daily National Courier, July, 08 2023

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