Monday, November 29, 2021  | 23 Rabiulakhir, 1443
Samaa TV
Facebook Twitter Youtube
HOME > News

PM launches Ehsaas wallet scheme for financial inclusion of women

The initiative will help beneficiaries draw, save money

SAMAA | - Posted: May 24, 2021 | Last Updated: 6 months ago
SAMAA |
Posted: May 24, 2021 | Last Updated: 6 months ago

Photo: Imran Khan/Facebook

Listen to the story
Prime Minister Imran Khan inaugurated the Ehsaas Saving Wallets initiative in Islamabad today (Monday). Pakistan's Ehsaas Programme ranked no 4 on World Bank's report on countries who helped their poor come out of poverty during the pandemic, Imran Khan said while addressing the ceremony. "We used technology to help everyone." He remarked that it is important for countries to focus on their poor. We want to make a social welfare state that takes care of its people. The government is focusing on launching programmes and schemes for women to help them start their own entrepreneurial projects. "We cannot become great if we continue to ignore our poor." Under his programme, the Ehsaas Kafaalat beneficiaries will have the option of either drawing their money or saving money into their digital wallets. The initiative will help Kafaalat households manage financial shocks, meet emergency needs, and invest to increase their earnings which will help them fight poverty. Initial transactions through these accounts will include balance inquiry, cash in and cash out, transfer funds received from Ehsaas programme to mobile accounts, mobile top-up, utility bill payments, and money transfers. The aim of the programme is to encourage savings which will help alleviate poverty. It will also deepen the financial inclusion initiated under the 'One Woman One Bank Account Policy'. Follow SAMAA English on Facebook, Twitter, and Instagram.
FaceBook WhatsApp

Prime Minister Imran Khan inaugurated the Ehsaas Saving Wallets initiative in Islamabad today (Monday).

Pakistan’s Ehsaas Programme ranked no 4 on World Bank’s report on countries who helped their poor come out of poverty during the pandemic, Imran Khan said while addressing the ceremony. “We used technology to help everyone.”

He remarked that it is important for countries to focus on their poor. We want to make a social welfare state that takes care of its people. The government is focusing on launching programmes and schemes for women to help them start their own entrepreneurial projects. “We cannot become great if we continue to ignore our poor.”

Under his programme, the Ehsaas Kafaalat beneficiaries will have the option of either drawing their money or saving money into their digital wallets.

The initiative will help Kafaalat households manage financial shocks, meet emergency needs, and invest to increase their earnings which will help them fight poverty.

Initial transactions through these accounts will include balance inquiry, cash in and cash out, transfer funds received from Ehsaas programme to mobile accounts, mobile top-up, utility bill payments, and money transfers.

The aim of the programme is to encourage savings which will help alleviate poverty. It will also deepen the financial inclusion initiated under the ‘One Woman One Bank Account Policy’.

Follow SAMAA English on FacebookTwitter, and Instagram.

 
HOME  
 
 
RELATED STORIES

Tell us what you think:

Your email address will not be published.

FaceBook WhatsApp
 
 
 
prime minister imran khan, PM Imran khan, islamabad, Ehsaas Saving Wallets programme, Ehsaas Kafaalat, samaa tv live, samaa tv, samaa news live, sama tv, samaa news live pk, samaa live, samaa tv, news, samaa tv live streaming, pakistan news, pakistan, sama news live pakistan, sama, news live, samaa live news, samaa.tv, pakistan news headlines, latest news, news pakistan, live news channels, pakistan news channel live, breaking news, samaa tv live, sammatv,
 

MOST READ
MOST READ
Omicron: Mandatory booster shots in Sindh as world trembles
Saudi Arabia lifts maximum age limit for Umrah pilgrims
Section 144 imposed around Nasla Tower, demolition continues
Lahore woman returning from work shot dead by security guard
Nasla Tower, petrol prices, PTI convention, Thal jeep rally
ECP orders probe, arrests over Lahore vote-buying videos
Unique “Monkey Buffet” festival kicks off in Thailand
 
 
 
 
 
About Us   |   Anchor Profiles   |   Online Advertising   |   Contact Us   |   Feedback   |   Apps   |   FAQs   |   Authors   |   Comment Policy
Facebook   |   Twitter   |   Instagram   |   YouTube   |   WhatsApp