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IFC to invest US$ 900 mn in SL over next five years

The International Financial Corporation (IFC), a sister organization of the World Bank, will look to invest US$ 900 million in the next five years in Sri Lanka. The IFC through investments, corporate lobbying, and advisory functions is looking to steer the Sri Lankan economy into its next phase of growth.IFC Vice President for Asia and Pacific Alfonso Garcia Mora said, “To meet external financing needs Sri Lanka needs to attract greater foreign.

Baqir calls for steps to enhance women financial inclusion

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.

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