Skip links

The International Monetary Fund (IMF) has proposed an increase in Pakistan’s Benazir Income Support Program (BISP) payments, suggesting a rise of Rs 5,500 in the quarterly cash assistance provided to low-income households.

During ongoing discussions between the IMF delegation and Pakistani authorities, it was proposed that the current BISP Kafalat stipend of Rs 14,500 per quarter be increased to around Rs 20,000. The adjustment is being considered as part of efforts to cushion vulnerable families against rising inflation and cost-of-living pressures.

The proposal is part of broader economic talks taking place during the IMF mission’s visit to Pakistan. Alongside social protection spending, the discussions also cover fiscal reforms, tax policy adjustments, and rationalisation of tax exemptions in coordination with the Federal Board of Revenue (FBR).

Officials say negotiations are still underway, and no final decision has been made on whether the proposed increase will be fully accepted, modified, or integrated into the broader program framework.

The outcome is expected to be finalised after further consultations between both sides on the scope and financing of social welfare spending under the IMF-supported program.

Leave a comment

RBN Community

Join our whatsapp channels below to get the latest news and updates.

rBusiness rMarkets