SBP is planning to launch several initiatives to enhance SME financing and such initiatives include, among others, development of credit scoring, credit enhancement mechanism and innovative product and modalities etc.
5 Concluding remarks Ladies and gentlemen, In 2004, Paul Volcker, the “slayer” of inflation in the 1970s and beyond, was asked what he considered to be the most important legacy of the Great Inflation. He answered: “Don’t (Tonne) let inflation get ingrained. Once that happens, there’s too much agony in stopping the momentum. That’s the lesson of central banking all over the world”.