Islamabad - Business community on Saturday lauded services of Pakistan Bait-ul-Mal for initiating several projects of social safety for the vulnerable and under-privileged segments of the society.

They appreciated the PBM for running valuable projects to provide social safety services to orphans, widows, disabled and other needy persons.

Senior Vice President Islamabad Chamber of Commerce and Industry Muhammad Naveed along with former President ICCI Baser Daud called on Managing Director PBM Barrister Abid Waheed Sheikh and lauded services of the bait-ul-mal for the nation. He said that it was laudable that the PBM had set up hundreds of vocational schools for women and centres for rehabilitation of child labourers and provision of free education to them.

He said that the PBM was taking initiatives for alleviating poverty from the country by providing the social safety net to vulnerable and under-privileged people. He said that it was encouraging that the PBM had promoted transparency, efficiency and accessibility in the PBM by introducing IT-integrated system and e-governance that had greatly facilitated the needy people including those in need of urgent medical treatment.

He said that the PBM was disbursing a huge sum of money to the needy persons including cancer patients which was highly laudable. He hoped that the PBM would launch many new projects for the welfare of needy and deserving persons.

On the occasion, Baser Daud hailed the role of Barrister Abid Waheed Sheikh for bringing innovation and transparency in the PBM and said that it was encouraging that the government had appointed a dynamic and highly-qualified professional from private sector to lead the PBM. He said that the PBM was playing a vital role in combating poverty and stressed that all well-to-do people should extend maximum cooperation and support to the PBM so that it could work more effectively to uplift the people from poverty and enable them to play a constructive role in our society.