47. Pakistan Economic Survey 2011-12 - Consultancy Services in ...

Pakistan Economic Survey 2011-12Box-2Social Protection Programs in Pakistan1.2.3.4.5.6.7.89.S.No.Program Financing Type of Benefit Target GroupBenazir Income SupportProgram (BISP)Public Funds Cash as Income Support Married females belonging to ultrapoor householdsMicrofinance Donor Funded Cash as loan for establishing Provide financial services, credit tobusinessthe poor for self employment andmove them out of povertyPakistan Bait-ul-Mal Public Funds Cash as income support grant for Disabled persons, invalids, widows,daughters’ weddings, food orphans and household living belowsupplement in education the poverty linePeople’s Works Program Public Funds Cash for Work Provision of electricity, gas, farm tomarket roads, good, water supplyand other facilities to the rural poorPeople’s Rozgar Scheme Commercial BankFinancedSubsidy on Wheat, Sugar &FertilizerGeographicalCoverageManaged ByNationwide FederalGovernmentNationwide RSPs/MFIsNationwideNationwideFederalGovernmentFederalGovernmentFinancing for Selected businesses* Unemployed educated persons Nationwide National Bank ofPakistanPublic Funds In kind as social welfare Poor people of the country Nationwide FederalGovernmentUtility Stores Public Funds In kind as social welfare Poor people of the country Nationwide FederalGovernmentZakat & UshrSpecial levy on Cash“Deserving/Nationwide Government &bank balances &Needy” among MuslimsZakat & Ushragricultural outputCommitteesChild Labour and Childrenin BondagePublic FundsProtection survival developmentand rehabilitation servicesWorking children facing abuse andexploitationNationwideFederal &ProvincialGovernment,FATA, GBEmployees Old-Age Contributory Cash Formal Sector Employees Nationwide Federal10.Benefit Scheme(Employers)GovernmentSocial Health Insurance Contributory Cash General Population Nationwide Federal11.(individuals)GovernmentWorkers Welfare Fund Contributory Housing, schools, health facilities Formal Sector employees Nationwide Federal12.(Employers)Government*: Community Transport, Community Utility Sores, Community Mobile Utility Stores and PCO/Tele-Centers with a maximum of Rs 200,000/- three new productsincluding Commercial Vehicle, Shopkeepers and Primary Healthcare Equipments to Medical Graduates, Science Graduates and B-Pharmacy qualified individuals. Themaximum limit ranges from Rs 500,000/- to Rs 700,000/-Social Safety ProgrammesRecognizing the need to protect the poor and thevulnerable, the government has launched severalsafety net programs. The following social safetynet programs in particular minimize the adverseeffects of poverty on the targeted population of thecountry.I. Pakistan Poverty Alleviation FundThe Pakistan Poverty Alleviation Fund (PPAF) is aflagship element of country’s poverty reductionstrategy. It is sponsored and supported by thegovernment with an endowment of Rs. 1,000million and funded by the multilateral and bilateraldonors like World Bank, International Fund forAgricultural Development, KfW FinancialCooperation Germany, US Department ofAgriculture, Italian Government etc. The fundingprovided to PPAF is dedicated for micro credit,enterprise development, community basedinfrastructure and energy projects, livelihoodenhancement and protection, social mobilization,and capacity building institutional assistance forthe partner organizations of PPAF.The overall operational and financial outreachduring the half year ended December 2011remained satisfactory. Total disbursements for coreoperations during the period were Rs. 8,490million. Loan (micro credit and enterprisedevelopment facility) disbursements were Rs.6,766 million; water and infrastructuredisbursements were Rs. 365 million; disbursementsfor education and health were Rs. 361 million;capacity building disbursements were Rs. 438million; social mobilization disbursement were Rs.220 million; and disbursements for livelihoodenhancement and protection were Rs. 339 million.In addition to disbursement for core operations, Rs.576 million (Rs. 273 million from donors' fundingand Rs. 203 million from PPAF's own resources)was disbursed for project and flood relief activities.By the end of December 2011, the total cumulativedisbursements were Rs. 100 billion. Credit and226