However, Mexico’s unsatisfactory long-term economic performance points to stagnant productivity related to factors such as excessive regulation and lack of competition in key areas. Current structural reforms have the potential to tackle some of these problems if the new rules and their implementation provide a reliable framework for better regulation and increased competition.
Presence of Bank of China in Pakistan is also expected to benefit the banking sector through technology transfers and associated innovation in products and processes, human capital development and improved competition and efficiency in the financial services. Further, increased diversity of foreign banks and access to external financial resources will facilitate in enhancing the resilience of our financial Page 2 of 4  sector.