Sindh Government, Sindh Bank sign deal for interest free distribution of Guzara allowance among 84,000 beneficiaries of Zakat fund

Karachi, December 11, 2014 (PPI-OT): The Sindh Government and Sindh Bank Management agreed and signed MoU for interest free distribution of Guzara Allowance among the 84000 beneficiaries of Zakat fund at the rate of Rs. 1000 per month to each through Sindh Bank ATM, in order to facilitate the poor beneficiaries and ensure transparency in the Zakat fund distribution.

The MoU was signed by Secretary Provincial Department of Zakat and Ushr Ghulam Mustafa Phul and President of Sindh Bank Mr. Bilal Shaikh at CM House Karachi today. This ceremony was witnessed by Chief Minister Sindh Syed Qaim Ali Shah, Sindh Minister for finance Syed Murad Ali Shah, Sindh Minister for Zakat and Ushr Dost Mohammad Rahimoon, Mr. Khalid Latif, Special Assistant to CM Waqar Mehdi, Coordinator to CM Siddique Abubhai and other officers from Sindh Bank and Zakat Department.

Talking on the occasion the Chief Minister Sindh Syed Qaim Ali Shah said that PPP has always served the poor segment of Society. He said that PPP, in its previous governments and present government, has launched the policies at least to supplement poor people in their day to day expensive.

He said that previously, the Guzara Allowance had been distributed among the beneficiaries at the deduction of service rate by distributing organizations but, this government decided to arrange this distribution without deduction of service rate and save more money for the poor people one hand and shift the distribution online to ensure its transparency. He appreciated the spirit of management of Sindh bank for being agree to start this service without its interest and termed it as noble work.

For more information, contact:
Mr. Allah Bachayo Memon
Press Secretary
Chief Minister House
Tel: +92-21-99202019
Cell: +92-300-3524057 (Ext: 336)

The post Sindh Government, Sindh Bank sign deal for interest free distribution of Guzara allowance among 84,000 beneficiaries of Zakat fund appeared first on AsiaNet-Pakistan.

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