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Ishaq Dar asks to ensure cash availability for flood affectees ATN News

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Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Monday directed to ensure availability of cash at all the distribution points to ensure timely payment of relief cash to flood affected by strengthening the cash distribution system.

The minister said while chairing the meeting to review the payments from cash assistance to flood affected, a Finance Ministry press release said.

He stressed the State Bank of Pakistan (SBP) and Habib Bank Limited (HBL) to redress the grievances of the flood affected and take every possible step for the smooth and actual distribution of cash relief to them.

Ishaq Dar expressed concern about the malpractices in payments to the flood affected and emphasized that the government stands with the people in this hour of need and will utilize all available resources for the rescue and assistance of the flood affected.

Secretary Benazir Income Support Program (BISP) briefed the meeting that almost ninety percent (90%) of beneficiaries have been paid cash assistance.

The remaining beneficiaries will receive the payment within the next five days adding that there were a few complaints regarding malpractices in payment at ATMs and POS.

Governor SBP and President HBL also updated the meeting on the situation and informed that a large volume of the relief cash has been distributed to the flood affected and informed on taking steps to address the complaints.

Among others, the meeting was attended by Minister of State for Finance and Revenue Dr. Ayesha Ghous Pasha, Governor SBP, President HBL, Secretary Finance, Secretary BISP, and senior officers.

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