Increase font size Decrease font size Reset font size

Financial inclusion improving

By Our Staff Reporter 2016-12-30
ISLAMABAD: Significant growth has been witnessed in branchless banking, agriculture credit, microfinance, SME finance and Islamic banking since the launch of National Financial Inclusion Strategy (NFIS)in May 2015, a review meeting was informed on Thursday.

Minister of Finance Ishaq Dar chaired the NFIS performance review meeting. He was briefed on the progress made on various financial inclusion initiatives and allied indicators approved by the NFIS Council in Sept 2016.

Mr Dar directed all relevant stakeholders including Nadra, FBR, SBP, provincial governments and the finance ministry to work in close collaboration forincreasing outreach and access of knancial services to people across the country.

He emphasised on the need to adopt latest technologies for enhancing financial inclusion in a more ef ficient manner. The meeting was attended by senior officials of the Ministry of Finance.