PolicyQuick read

Rs24 billion irregularities reported in BISP as 140,000 govt employees, pensioners receive funds; recoveries below 3%

Profit by Pakistan Today • • 1 min read

Rs24 billion irregularities reported in BISP as 140,000 govt employees, pensioners receive funds; recoveries below 3%

Profit by Pakistan Today reported that irregular payments worth about Rs24 billion were identified in the Benazir Income Support Programme (BISP), including transfers to 140,488 government employees and pensioners. The programme is intended to support low-income households, yet payments continued for years after the issue was first detected in 2019. Ministry documents submitted to the National Assembly show that Rs23.13 billion was paid in FY2019-20, with a further Rs900 million distributed after ineligible recipients had been flagged.

Recoveries total about Rs710 million, less than 3% of the amount involved, leaving more than Rs23 billion outstanding. The Federal Investigation Agency recovered Rs540 million, while BISP collected Rs21.5 million from its own employees among the recipients; records of implicated government employees were sent to their departments for further action. Authorities also plan to check records for more than 600,000 government employees and pensioners, though the ministry did not provide a recovery timetable.

At a glance

  • Irregular BISP payments were estimated at Rs24 billion.
  • Authorities have recovered about Rs710 million, less than 3% of the total.
  • Officials plan to review records for more than 600,000 employees and pensioners.

Originally reported by Profit by Pakistan Today

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Your market watch, portfolio and news desk in one app.

Follow live PSX prices, track holdings, read business news, and keep your watchlist close before the market moves.

Investify app live PSX stock list on iPhone