THE International Monetary Fund (IMF) has called on Pakistan to run a social programme for the poor people in addition to BISP, emphasizing that the country should take more social security measures for the weaker sections and make continuous efforts to run social programmes. It has also called for continuation of safe electricity and gas tariff slabs for the weaker sections.
While acknowledging the importance of these recommendations, it is essential to highlight the significant strides made by the flagship program, the BISP, in helping the downtrodden segments of society. The BISP has been at the forefront of implementing various schemes aimed at the welfare of deserving families, including cash grants and education stipends. Notably, the budget for the current fiscal year has seen a commendable increase, reaching $450 billion, a 25% boost from the previous year. Furthermore, the recent decision to augment the monthly stipend of BISP beneficiaries by 20%, from Rs2,916 to Rs3,500, effective from January 1, 2024, reflects the government’s commitment to improving the lives of the marginalized. While the IMF’s suggestion to run an additional social welfare programme is well-intentioned, it is crucial to underscore the effectiveness and impact of the existing programme. Rather than creating parallel initiatives, efforts should be concentrated on fortifying and expanding the BISP to ensure its sustainability and reach. A strategic move in this direction would involve a shift in focus towards empowering beneficiaries to break free from the cycle of poverty. The government, with the support of international organizations, should design and implement comprehensive training programs for BISP recipients. This initiative holds multifaceted merits for both the poor families and the entire nation. Firstly, by providing skill development and vocational training to BISP beneficiaries, the program can contribute to enhancing their employability. This, in turn, will facilitate their transition from dependency on financial aid to becoming self-reliant contributors to the economy. Secondly, investing in training programmes can lead to the creation of a skilled workforce, positively impacting various sectors of the economy. Lastly, a strengthened BISP with an emphasis on training programmes aligns with the global trend of empowering marginalized communities for sustainable development. This approach not only addresses immediate financial needs but also lays the foundation for long-term socioeconomic progress.
