Over the previous days, we had an opportunity to see that in the international environment inflation continued up in October, as well. However, most central banks, including the Federal Reserve System and the European Central Bank, and also the majority of international financial institutions, agree that factors behind inflation growth are still assessed as temporary.
SBP has developed a world class regulatory framework to enable commercial microfinance and branchless banking in Pakistan. These regulations enable alternative approaches and models for delivery of pro-poor and low-income financial services and products while ensuring institutional viability, broadening access, financial integrity, and pro-consumer practices. 4.