ISLAMABAD:
The federal government on Monday reviewed progress on the Prime Minister’s Ramazan Aid Bundle 2026, directing banks and cost establishments to speed up account activation and fund disbursements to beneficiaries forward of the holy month.
The overview passed off at a high-level assembly chaired by the Federal Minister for Poverty Alleviation and Social Security, with participation from accomplice monetary establishments and representatives of the State Financial institution of Pakistan (SBP), in line with an official assertion.
The minister underscored the urgency of finishing account creation and activation at full scale and instructed establishments to hurry up the discharge of funds over the approaching days. He pressured that every one remaining beneficiaries should be mobilised instantly to make sure seamless activation and onward crediting of reduction quantities in keeping with the prime minister’s directives.
Officers from accomplice monetary establishments briefed the assembly on progress made in opening new accounts, reactivating dormant accounts and finishing up disbursements by means of each money and digital channels. Establishments, together with industrial banks, microfinance banks and digital cost suppliers, shared updates on measures taken to satisfy the necessities of the Ramazan reduction package deal and reiterated their dedication to shut coordination through the implementation section.
The SBP consultant knowledgeable the assembly that ATM consciousness flyers had been being displayed throughout accomplice establishments to facilitate beneficiaries on accessing funds. To forestall delays, the federal minister directed that required funds be transferred promptly for onward launch to accomplice establishments and instructed them to share every day progress studies with the Ministry of Poverty Alleviation and Social Security.
The every day updates, the assertion stated, would assist guarantee transparency, efficient oversight and real-time monitoring of the reduction programme as disbursements proceed throughout the nation.
The minister accepted all instructions issued through the assembly for fast implementation, reiterating the federal government’s resolve to make sure well timed supply of help to eligible households throughout Ramazan by means of coordinated efforts with monetary establishments and the central financial institution. He additionally appreciated the proactive function of accomplice establishments and the central financial institution, noting that shut coordination was important for uninterrupted implementation and easy disbursement. He stated the target was to supply well timed, dignified reduction to beneficiaries and make sure the course of remained environment friendly all through Ramazan nationwide.
