Guzara Allowance: Sindh government inks MoU with Sindh Bank

12 Dec, 2014

The Sindh Government and Sindh Bank Management signed MoU for interest free distribution of Guzara Allowance among the 84,000 beneficiaries of Zakat fund at the rate of Rs 1000 per month to each through Sindh Bank ATM network. The step aims 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 Bilal Shaikh at CM House here on Thursday, said a statement. The ceremony was witnessed by Sindh Chief Minister Syed Qaim Ali Shah, Sindh Minister for Finance Syed Murad Ali Shah, Sindh Minister for Zakat and Ushr Dost Mohammad Rahimoon.
Speaking on the occasion, the CM Sindh said that PPP has always served the poor segment of the society. He said that PPP during its previous governments and present government, has launched the policies at least to supplement poor people in their day to day expenses. He said that previously, the Guzara Allowance had been distributed among the beneficiaries at the deduction of service rate by the distributing organisations but, this government decided to arrange this distribution without deduction of service rate and save more money for the poor people on one hand and shift the distribution online to ensure its transparency on the other hand.
He appreciated the spirit of management of Sindh Bank for agreeing to start this service without its interest and termed it as a noble work. Special Assistant to Chief Minister Waqar Mehdi, Co-ordinator to CM Siddique Abubhai and officers of Sindh Bank and Zakat Department were also present.

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