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.
KARACHI: 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, the State Bank said on Tuesday.
The World Bank (WB) hosted the webinar titled ‘Consultative Dialogue on SBP’s Banking on Equality Policy’ to learn from global leaders regarding gender responsive policies and their experience on gender financial inclusion in the context of a developing country such as Pakistan.
The webinar, livestreamed on the Facebook pages of SBP and WB Pakistan, saw several focus group discussions with stakeholders on equality policy in the financial sector of Pakistan.