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     February  14,  2016



Increase in stipend for BISP beneficiaries effective From July 1, 2015 arrears to be paid with next installment

Chitral Times Report

Islamabad: Finance Minister, Senator Mohammad Ishaq Dar said here Saturday that he had detailed discussion with the Prime Minister regarding increase in the stipend for BISP beneficiaries. The Prime has been pleased to approve increase in the annual stipend to BISP beneficiaries from Rs. 18000/- to 18800/- per annum.

The increase is in accordance with the increase in CPI during the last year, the Minister said and added the decision would contribute to mitigating the effect of inflation on the BISP beneficiaries.

The stipend at the enhanced rate of Rs. 4700/- per beneficiary per quarter would be payable with effect from July 1, 2015. The arrears would be paid along with the next installment, the Finance Minister added. The Finance Division has already issued instructions to BISP to ensure disbursement of quarterly stipend at the enhanced rate.

The present government, he said, is fully committed to protecting the most vulnerable segments of the society and for this purpose the annual allocation for BISP has been enhanced by the present government from Rs.40 billion to Rs.105 billion while the annual stipends have been enhanced from Rs. 12000/- to Rs.18000/- during the last two years. These have now been further increased to Rs.18800/- per beneficiary per annum.



Chitral Times Report

Prime Minister Muhammad Nawaz Sharif has announced financial assistance of Rs. 2.5 million each for the heirs of the families of two deceased PIA employees. These employees were killed during a firing incident outside Karachi airport. The Prime Minister stated that loss of life of these PIA employees is not only a loss for their families and friends but also for the national carrier.

The Prime Minister also announced half a million rupees each for the injured. The Prime Minister also announced one job each for the families of the deceased in PIA; according to their qualifications.

“The government will pursue the investigations to find out those responsible for the murders of late PIA employees”, assured the PM. The families will be kept informed on regular basis about the progress made in the investigations.



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