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Sunday April 28, 2024

IMF for social welfare programme besides BISP

Pakistan should take more social security measures for weaker sections and make continuous efforts to run social programs: says IMF

By Ashraf Malkham
January 29, 2024
This file photo taken on January 26, 2022, shows the seal for the International Monetary Fund (IMF) in Washington, DC. — AFP
This file photo taken on January 26, 2022, shows the seal for the International Monetary Fund (IMF) in Washington, DC. — AFP

ISLAMABAD: The International Monetary Fund (IMF) has urged Pakistan to run a social programme for the poor people in addition to the Benazir Income Support Programme (BISP).

IMF says that Pakistan should take more social security measures for the weaker sections and make continuous efforts to run social programmes. Safe electricity and gas tariff slabs for the weaker sections should also continue. According to the IMF, the health and education expenditure target was met in September of this financial year, but the caretaker government could not meet the December target due to limited capacity. The elected government should continue social security spending until the end of the financial year.

According to the IMF, BISP is an emergency assistance programme with the best mechanism, but the administrative structure of the programme needs to be improved as there is scope for improving the distribution mechanism and transparency of the programme.