Foreign training and attachment with Central Banks in England, Australia, Malaysia, Singapore and Federal Reserve keep the staff abreast with the recent developments and techniques of central banking. The SBP provides full scholarships to young Pakistanis who can obtain admission to Ph.D. program in Economics and Finance at any of the top 20 universities of the world.
The Bank has also set up endowed chairs at Economics Departments of five Pakistani universities to upgrade the quality of Economics Education. Another element of SBP reform program is business process re-engineering under which the existing procedures, processes and reporting requirement are being streamlined, simplified and redundancies eliminated.