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zeeshan
Joined: 21 Jan 2016
Posts: 655
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| BISP to New Payment Method for Disbursing Funds |
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Clergyman of State and Chairperson BISP, MNA Marvi Memon led the 27th meeting of BISP board here. It was sixth BISP executive meeting since she expected office of the administrator in February 2015.
The board individuals including Dr. Zeba A. Sathar, Yawar Irfan Khan, and agents of Finance Division, Economic Affairs Division, Foreign Office and Secretary BISP, Yasmeen Masood went to the meeting.
The plan things of the executive meeting was Restructuring of Audit Committee of the BISP Board, Restructuring of Program Design Committee of the BISP Board, Grant of ARA-2016 (10%), BISP spending plan for 2016-17 and New Payment Model.
The executive gave her rules on motivation things and quickly shared different accomplishments of the association.
She said the new installment model would focus to dispose of mediator society through customized biometric installments with no pantomime and address the issue of loss of platinum cards and ATM pin codes.
Likewise Read: BISP Beneficiaries to Get 30,000 Smartphones with Monthly Balance
The board was educated that BISP was moving all installments brought out through cell telephones, Benazir Debit Cards and Pakistan Post to biometric confirmation framework in three stages, beginning from September 2016 tranche.
She said that BISP has effectively accomplished Disbursement Linked Indicators (DLIs) under World Bank, DFID and ADB ventures which were improvement accomplices of BISP and included that general execution rating of BISP according to late ADB Annual Review Mission Report had been overhauled from A to A+.
The BISP yearly spending plan for 2016-16 esteeming Rs. 115 billion was likewise exhibited in the meeting and board alluded the matter to Program Design Committee and Finance Committee of the Board for further considerations.
Amid the meeting, the Board endorsed rebuilding of Audit Committee and Program Design Committee of BISP Board. The award of 10 % adhoc help remittance 2016 to BISP workers was additionally endorsed.
The board individuals were advised of the advancement made on National Socio-Economic Registry (NSER) overhaul since June 2016, improvement of Internal Audit Manual and Charter covering all parts of operations of the association and guaranteeing straightforwardness, affirmation of 1.3 million kids in elementary schools by June 2016 under Waseela-e Taleem and maintenance of 98 % conceded youngsters in schools under current participation consistence.
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| Tue Sep 27, 2016 11:15 am |
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