Governor SBP emphasizes on financial inclusion through effective participation of persons with disabilities

March 10, 2022

Islamabad: (March 10, 2022): Governor State Bank, Dr. Reza Baqir has said that to ensure financial inclusion in the country, we need to bring the excluded segments of the society in the formal banking sector. He said this while addressing at ‘Moving Towards Inclusive Pakistan’ event jointly organized by Pakistan Poverty Alleviation Fund (PPAF), National Institute of Banking and Finance (NIBAF), and the State Bank of Pakistan (SBP).

Ms. Samina Arif Alvi attended the event as the Chief Guest whereas prominent members of the development and education sector, banking community, and business fraternity also marked their presence in the event.

The Governor State Bank on the occasion added further that SBP is working with banks to improve the financial independence of persons with disabilities, by improving their access to banking services, providing them opportunities to contribute as bank employees, and creating financial awareness among them.

He lauded the National Financial Literacy Program for Youth (NFLPY) steered by PPAF and NIBAF. Under the initiative, jointly arranged training of teachers on financial literacy content to impart further training on financial literacy to over 10,000 deaf students across Pakistan.

Mr Nadir Gul Barech, Chief Operating Officer, PPAF, while sharing his views asserted that we are committed to an inclusive development agenda in Pakistan which cannot be achieved unless we enable persons with special needs to reach their full potential.

He informed the participants that trough our programme, we have rehabilitated around 25000 differently abled persons across Pakistan. While working the Family Education Services Foundation (FESF), we have strengthened Pakistan Sign Language amongst other interventions, he added.

During the event, Pakistan’s first ever “Financial Literacy Video Tutorial” explicitly made for deaf children was also launched. This visual aid will enable the deaf across Pakistan to learn about financial literacy without needing the presence of teachers.