World Bank says BISP’s progress ‘highly satisfactory’

Upgrades rating of project management to ‘satisfactory’

ISLAMABAD: The World Bank has lauded the progress made by the Benazir Income Support Programme in achieving its goals.

In a letter issued on Saturday, the World Bank pointed out that the BISP had not only achieved all its targets but had also exceeded some.

According to the report, all 19 Disbursement Link Indicators (DLIs) have been successfully achieved and remaining funds against the last achieved DLI would be disbursed in the current month, a press release issued stated.

Acknowledging BISP as Pakistan’s flagship Social Safety Net Programme, the mission upgraded the progress towards achieving the development objective as ‘highly satisfactory’ while the rating of the project management has been upgraded to ‘satisfactory’.

Since its inception the programme has emerged as one of the best social safety nets in the world catering to the 5.3 million poor families all across Pakistan. The United Kingdom’s Department for International Development (DFID) is also part of the mission.

Published in The Express Tribune, September 18^th, 2016.