(vi)  SBP has set up a special Micro finance focal group with an independent head and qualified staff to support these and other financial inclusion initiatives. 4. Many of these initiatives are recent and have yet to demonstrate effect vis-à-vis improved outlook for microfinance.
However, the effectiveness of some of these initiatives may be improved in light of inferences drawn from microfinance industry trends. Broadly, the current outlook for microfinance remains optimistic, but we must examine emerging trends with caution.