Public actions taken in response to levels of vulnerability, risk and deprivation that are deemed socially unacceptable within a given society are the purview of social protection, and Pakistan Bait-ul-Mal (PBM) being a social protection organization of the federal government deals with both the absolute deprivation and vulnerabilities of the poorest, and with the need of the currently non-poor for security in the face of shocks and life cycle events.
Objectives of PBM include (1) assurance of minimum wellbeing through a guarantee of essential goods and services that provide protection against life contingencies for all people, (2) Adoptation of proactive strategies and policies to prevent and protect against risks, and (3) to promote individual and social potentials and opportunities. The foundation of these objectives is to encourage poverty reduction and sustainable development. PBM Act has characterized Pakistan Bait-ul-Mal’s responsibilities to provide financial assistance to destitute, needy widows, orphans, invalid, infirm and other needy persons and to their children for educational pursuits; to provide free medical treatment for indigent sick persons and to set up free hospitals, poor houses and rehabilitation centers and to give financial aid to charitable institutions, including industrial homes and other educational institutions established specially for poor and needy to provide stipends to educated youth and brilliant but poor students during their education/ training before their employment.
Following the vision of the Prime Minister Imran Khan to revolutionize the social services through “Ehsaas”, we have undertaken the responsibility to yield the most effective and positive social change in the country through organizational efforts. By helping abandoned people and their families, PBM is moving on investing that could help trigger a long-term reallocation of capital, talent and other resources for the country which might leave the biggest positive impact on future of Pakistan.
Managing Director