Meeting reviews initiatives for financial inclusion

The Finance Minister, Senator Mohammad Ishaq Dar here on Friday chaired a meeting to review government’s initiatives for promoting financial inclusion in the country. Matters relating to BISP, PPAF, Prime Minister’s Youth Loan Scheme, Micro-finance and expansion of electronic banking services were discussed in detail.

Senior officials of the Ministry of Finance, briefed the Minister on the progress of various initiatives. The meeting reviewed the targets set for various programmes and the achievement made so far. The way forward on each program was also discussed.

Finance Minister stated that it was the endeavour of the government to expand the outreach of banking services to the maximum number of people especially the under-served and underprivileged sections of society. He said that the government programmes should make maximum use of the latest developments in information technology to expand the coverage of financial services to the remotest parts of the country.

The meeting also reviewed arrangements for the visit of Dr. Jim Yong Kim, President of World Bank and Queen Maxima of Netherlands.

Senior officials of Ministry of Finance, EAD, BISP, Microfinance institutions and other relevant departments attended the meeting.