• In the year 2007-08, the sharp rise in oil prices and primary products in the international as well as domestic market resulted in double digit inflation, which almost halved the purchasing power of the people. Hence, there was an urgent need for direct and speedy relief to the underprivileged sections of the society. Benazir Income Support Programme (BISP) is the Government of Pakistan’s response to the said compulsions.
  
  
• BISP was initiated in October 2008 with an initial allocation of Rs.34 billion (US $ 425 million approximately) for the financial year 2008-09.
  
  
• The Programme aimed at covering 3.5 million families in the financial year 2008-2009.
  
  
• The allocation for the financial year 2012-13 is Rs. 70 billion to provide cash assistance to 5.5 million families, which constitutes almost 18% of the entire population. Thus the Programme aims at covering almost 40% of the population below the poverty line.
  
  
• The enrolled families are paid cash assistance @ Rs.1000 per month on quarterly basis; apart from benefits provided under graduation strategy like: long term interest free returnable financial assistance, vocational & technical training, health & life insurance coverage.
  
  
• BISP is being implemented all across Pakistan including: all four provinces (Punjab, Sindh, Baluchistan, and Khyber-Pakhtoonkhwa), Federally Administered Tribal Areas (FATA), Azad Jammu and Kashmir (AJK),Gilgit Baltistan (GB) and Islamabad Capital Territory(ICT).
  
  

BISP Global Recognition