Incumbent begins deliberation on providing subsidy to poor

By Staff Reporter
Tuesday – June 15, 2021
ISLAMABAD: A high level meeting was briefed by the National Bank of Pakistan (NBP) president Arif Usmani, on Monday, on the proposed system of providing government subsidy to deserving poor families.

According to a press release, the premier chaired a briefing on the new system to be introduced to provide subsidies to the weaker sections of the society.

The meeting was informed that the introduction of targeted subsidy system is aimed at providing financial assistance to millions of families to purchase the basic necessities.

The prime minister (PM) Imran Khan appreciated the efforts made by the incumbent regime to set up a system for targeted subsidies and said that providing equal subsidy to the rich and poor by the government is not only a waste of government resources but also a waste of the rights of the poor as the weaker sections of the society deserve it more.

He said that the targeted subsidy will provide financial assistance to the weaker sections for the purchase of basic necessities and the incumbent regime is committed to provide all financial resources in this regard.

PM Khan directed that the new system be finalised at earliest so that it can be formally launched by next month.

The special assistant to the PM on poverty alleviation (SAPM-PA) Sania Nishtar gave a detailed briefing to the premier on the proposed system of providing targeted subsidies.

She said that the Ehsaas survey has been completed up to 92 percent and the work will be completed by the end of this month.

The meeting was attended by the finance minister Shaukat Tareen, the special assistants Nishtar, Waqar Masood, Shahbaz Gul, NBP president Usmani and concerned officers.