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Baqir calls for steps to enhance women financial inclusion
Says forthcoming Banking on Equality Policy will introduce gender lens in financial sector
Pakistan and the IMF have been working to implement IMF-supported economic reforms. PHOTO: REUTERS
KARACHI:
Women are disproportionately excluded from accessing resources and opportunities and targeted measures are needed to achieve financial inclusion, said State Bank of Pakistan (SBP) Governor Reza Baqir.
Moderating a session titled “Consultative Dialogue on SBP’s Banking on Equality Policy” on Tuesday, he said that strategies for achieving financial inclusion had an implicit assumption to utilise each citizen, both men and women, as a driving agent to achieve development goals.
Home / General / Global policy makers and practitioners laud SBP’s effort to advance women’s financial inclusion through Banking on Equality Policy
Global policy makers and practitioners laud SBP’s effort to advance women’s financial inclusion through Banking on Equality Policy
Karachi, February 23, 2021 (PPI-OT): In December 2020, State Bank of Pakistan launched its consultation process with different national and international stakeholders on its Banking on Equality Policy. A draft of the policy is available on SBP’s website https://www.sbp.org.pk/events/2021/BankingonEquality/Draft-Policy.pdf.The forthcoming Banking on Equality Policy will introduce a gender lens within the financial sector through identified pillars and set of specific measures to bring a shift towards women friendly business practices. Several focus group discussions have been held with a wide range of domestic stakeholders.