With Sabor, we were concerned about the representativeness of the rate as a measure of overnight unsecured funding costs for banks. 5 This finding is based on the results of a data collection exercise conducted by the SARB and refers  to the notional value of outstanding contracts of selected banks as at 31 August 2017.
Why is it then that the progress in this area has been so unsatisfactory and what can be done to remedy this situation? In my view there are four cogent reasons for lack of progress in human development in Pakistan.