PM inaugurates Ehsaas Saving Wallets scheme

PM inaugurates Ehsaas Saving Wallets scheme

Prime Minister Imran Khan, today (Monday), kickstarted the Ehsaas Saving Wallets initiative in Islamabad.
Prime Minister Imran Khan praised the Ehsaas programme for making it to the fourth spot in the World Bank list for keeping a check on the more vulnerable segments of the society and that too, in a transparent manner specifically during the pandemic.

Pakistan’s Ehsaas Programme secured no 4 on World Bank’s report on countries that backed their poor out of poverty during the pandemic. Prime Minister said that his team used technology to help everyone while addressing the ceremony.

“Ehsaas programme deserves appreciation for making it possible,” PM said.

He said that it is important for countries to back their poor. “We want to make Pakistan a social welfare state that cares for its people. The government is launching programmes for women to aid them start their entrepreneurial projects. We cannot be on the way to become a great nation if we continue to ignore our poor,” PM remarked.

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The premier noted that Covid-19 had elevated poverty levels across the globe. “Poor countries were worst hit by the pandemic,” he said.

“Ehsaas Saving Wallets is important because it looks to strengthen the banking system and brings a lot of people into the net,” he maintained.

PM Imran stated that empowering women and allowing them into the financial mainstream will alleviate poverty faster.
Under this scheme, the Ehsaas Kafaalat beneficiaries will get the option of either drawing their money or saving it into their digital wallets.

The prime minister showed confidence that like other programs of Ehsaas, this too will prove to be a success.
He also reiterated that in the wake of Covid-19, cash aid was delivered to the families in the most apolitical and transparent manner. He was of the opinion that if timely assistance was not delivered, the situation of the pandemic would have pained the poor a lot.

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