Over Rs104b distributed under Ehsaas Cash Emergency Programme
Statesman Report
ISLAMABAD: The federal government has distributed more than Rs104 billion among over 8.6 million people across the country under the Ehsaas Cash Emergency Programme.
According a government statement, more than Rs45 billion has been distributed among over 3.7 million people in Punjab and Rs32 billion or more has been distributed to over 2.6 million people in Sindh.
Approximately Rs19 billion has been dispensed among more than 1.6 million people in Khyber Pakhtunkhwa (K-P) and around Rs4 billion has been given to over 0.3 million people in Balochistan.
In Azad Jammu and Kashmir, 128,000 people have benefited and received more than Rs1.6 billion and Rs300 million has been given to 31,000 needy people in Islamabad Capital Territory. In Gilgit-Baltistan, more than 66,000 people have benefited by the distribution of more than Rs700 million.
A total of Rs 144 billion is being distributed among 12 million families affected by the coronavirus pandemic.
World Bank hails Pakistan’s cash scheme for poor
Earlier, the World Bank had hailed Pakistan’s cash transfer emergency programme, saying it would be instrumental in mitigating the impact on the economy due to novel coronavirus.
“Cash transfers will be instrumental in mitigating the impact of the upcoming recession by ensuring that consumption by the poorest and vulnerable contributes to the local economies,” the World Bank said in an article published on its website.
It suggested if the fiscal space allowed to the government, the emergency cash transfers should be considered as an optimal option to rejuvenate local economies.