Dar to launch reforms strategy
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KARACHI: Finance Minister Ishaq Dar will launch the first National Financial Inclusion Strategy (NFIS) in Islamabad on Friday, said a press release issued by the State Bank on Thursday.
The strategy is aimed 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 NFIS coordination structure envisages three governance bodies — a council, steering committee — and various technical committees.
The council is chaired by the finance minister to oversee the implementation. The council held its first meeting in April 2015 to adopt the strategy.
The strategy has been agreed between stakeholders at the national level following extensive consultation.
It is being championed by State Bank of Pakistan (SBP), with shared leadership from the Ministry of Finance and the SECP.
Published in Dawn, May 22nd, 2015
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