US provides $75mn for Benazir Income Support Program

The United States on Thursday announced that it has transferred $75 million to Pakistan.

ISLAMABAD:
The United States on Thursday announced that it has transferred $75 million to Pakistan for the Benazir Income Support Program (BISP) to help meet the immediate needs of 600,000 impoverished families across Pakistan.

''The Benazir Income Support Program helps some of Pakistan’s poorest people meet their everyday needs," said Ambassador Anne W. Patterson. ''The United States is committed to helping support people in great need.


BISP provides basic income and access to opportunities for some of Pakistan's poorest people. Participants in the program receive employment, skill development training, and medical insurance and food subsidies.

Initiated in 2008, the BISP program offsets the impact of inflation in the poorer sections of Pakistani society. The program aims to cushion the effects of rising costs of food and fuel and to provide a minimum income support package.

BISP will help approximately 15 percent of the Pakistani population, including 40 percent of those living below the poverty line.
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