Discussions focus on higher support for low-income families
The International Monetary Fund (IMF) has reportedly proposed increasing financial assistance under Pakistan’s Benazir Income Support Program (BISP) as discussions continue between Pakistani authorities and IMF representatives.
According to details emerging from ongoing negotiations, the proposal suggests increasing the quarterly BISP Kafalat payment by Rs. 5,500. Under the suggested revision, the existing payment amount of Rs. 14,500 would rise to Rs. 20,000.
Additionally, reports indicated that the proposed increase aims to help low-income households manage the effects of inflation and rising living expenses. The recommendation also reflects continued discussions surrounding social protection measures and financial support for vulnerable communities.
However, officials have not finalized the proposal and discussions remain ongoing as part of the broader economic review process.
Authorities continue talks on fiscal and policy measures
Meanwhile, government representatives and IMF officials continue consultations involving the Federal Board of Revenue and other institutions regarding wider economic and fiscal matters.
Furthermore, discussions reportedly focused on social protection spending alongside tax policy reforms, tax exemptions and broader financial adjustments under the ongoing IMF program framework.
Officials are also reviewing measures intended to improve economic stability while balancing public support programs and fiscal objectives.
Additionally, authorities are expected to continue evaluating multiple aspects of the proposed package before reaching any final decision.
The current proposal remains under consideration and no formal approval has been announced regarding the suggested increase in BISP payments.
Observers noted that further negotiations may determine whether authorities adopt the proposed amount in full or introduce adjustments before implementation.
