- Finance minister tells Marvi Memon govt will not compromise on transparency in BISP
Finance Minister Ishaq Dar has said that foreign exchange reserves will cross the mark of $20 billion in the next few weeks.
He said this while addressing a ceremony organized by Benazir Income Support Program (BISP) on the auspicious occasion of Independence Day celebrations here on Friday.
The finance minister said that the PML-N government is committed to revamping the country’s economy, which is being acknowledged at the international level. He said that the world is now recognising Pakistan as a stable economy and it has been predicted that Pakistan will become 18th largest economy of the world by 2050.
He said we have increased BISP budget from 34 to 102 billion rupees. He added annual stipend has been increased from 12000 to 18000 rupees. He said BISP outreached has increased to over five million families from three million families. He vowed to reach to 5.3 million families in next two years.
The finance minister told BISP Chairperson Marvi Memon that no compromise will be made on transparency. He said BISP cards will be linked to CNIC very soon to facilitate beneficiaries of the support program.