First of its kind: Dar to launch national financial strategy

KARACHI: Finance Minister Muhammad Ishaq Dar will launch Pakistan’s first National Financial Inclusion Strategy (NFIS) here on Friday. The strategy has been agreed at the national level following extensive consultation with stakeholders. It is being championed by the State Bank of Pakistan (SBP), with support from the Ministry of Finance and SECP. The country has developed the strategy to build momentum and push forward reforms to achieve universal financial inclusion in an integrated and sustained manner. A national coordination platform for all stakeholders from both public and private sectors has also been set up for implementation of the reforms and various initiatives for financial inclusion under the strategy. The coordination structure comprises three governance bodies, an NFIS council, NFIS steering committee and various technical committees. The council is chaired by the federal finance minister to oversee the implementation of NFIS.

Published in The Express Tribune, May 22^nd,  2015.

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