Recognizing this, the central bank of Pakistan has launched a broad based strategy for enhancing access to development finance. In this paper, I propose to discuss the case for a holistic and broad based strategy for financial inclusion in Pakistan to achieve desired scale and sustainability.
Stress tests indicate that the banks’ exposure is manageable and potential contagion effects on Austrian banks should be very limited. The broadly favorable economic developments I sketched earlier have provided a solid background for financial sector developments in Southeastern Europe over the past few years.