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Rs26.5 billion Ehsaas supplementary budget approved


Rs26.5 billion Ehsaas supplementary budget approved
ECC decides to offer Rs12,000 per family to 4 million households on one-time basis
ISLAMABAD:
The government has decided to give one-time cash assistance of Rs12,000 per family to additional 4 million households and approved a supplementary budget of Rs26.5 billion for this purpose.
Headed by Minister for Finance Shaukat Tarin, the Economic Coordination Committee (ECC) of the Cabinet on Wednesday allowed expanding the Benazir Income Support Programme (BISP) to 8 million families under the second phase of the Ehsaas emergency programme.
The total cost of additional one-time assistance for the 4 million families is Rs48 billion. However, the BISP could not spend Rs22 billion against its current year’s allocation, which will now be diverted to the second phase of the Ehsaas emergency programme, said the finance ministry. ....

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PM to launch Ehsaas Saving Wallets initiative today


PM to launch Ehsaas Saving Wallets initiative today
Islamabad
May 24, 2021
Islamabad : Prime Minister Imran Khan will inaugurate the Ehsaas Saving Wallets (ESWs) initiative at an Ehsaas Kafaalat payment site here today (Monday). Changing the lives of millions of women, ESWs will help the marginalized people plan for everything from long-term goals to unexpected emergencies.
Financial and digital inclusion of 7 million households is one of the seven overarching goals of the Ehsaas Strategy. Ehsaas Saving Wallets (ESWs) initiative is predicated on the understanding that digital and financial inclusion will open avenues for women to take better advantage of opportunities offered under the Ehsaas National Poverty Graduation Initiative. ....

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WB recognises 'Ehsaas Emergency Cash' among top social protection globally


WB recognises ‘Ehsaas Emergency Cash’ among top social protection globally
Islamabad
May 16, 2021
Islamabad : The World Bank has just released a report on “global social protection responses to COVID-19”. This report is called the “living paper” and it is a partnership effort involving 18 coauthors and a large number of contributors; the paper presents a 650-page volume and accompanying database documenting how countries and territories are planning, implementing or completing social protection measures in the context of the pandemic.
The report states that there has been “an exponential growth in social protection measures between March 20, 2020 and May 14, 2021 and that a total of 3,333 social protection measures have been planned or implemented in 222 countries or territories”. ....

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