PBM releases first payment to deserving families in Karachi

ISLAMABAD: Pakistan Bait-ul-Mal (PBM) has released first payment to the deserving families in Karachi, under the “Orphans and Widows Support Programme (OWSP)”.

In a ceremony organized at Karachi, President Women Wing (PPP) and Member Provincial Assembly (Sindh), Faryal Talpur launched the programme by releasing the initial payments, in the presence of Senator Waqar Mehdi and Managing Director PBM, Amir Fida Paracha, says an official statement released here in Islamabad on Tuesday.

Faryal Talpur, in her address, said the Benazir Income Support Programme (BISP) truly reflects the sympathetic approach of Benazir Bhutto (Shaheed) towards the down trodden segments of the country. Admiring the OWSP project for educating and empowering poor women and girls of the country, she appreciated the PBM Chief for achieving the set targets in Social Protection Field, in short span of time.

Addressing the ceremony, Senator Waqar Mehdi appreciated the PBM’s pro-poor initiatives and said along with the other measures for Orphan Children, PBM’s ongoing task encompasses the unique idea of accommodating poor widows and their school going daughters. Highlighting the project, Managing Director PBM told that the widows registered under the BISP have been connected with OWSP with the condition of having one or more school going orphan girls.

Mr Paracha said this initiative translates the distinctive and compassionate idea of protecting the orphan girls by providing them education and other basic needs of life. “Ensuring transparency and efficacy in this project, the payments are released through UBL OMNI Digital Banking.”, he added.

He said monthly stipend of Rs.8000/- is granted to the mother having on school going orphan girl while Rs.12,000/- per month is given to mother of more than one school going orphan girls. Amir Fida Paracha also reiterated his passion to materialize the vision of Mohtarma Benazir Bhutto (Shaheed) for the wellbeing of vulnerable populace of the country.