Overview of Financial Inclusion in Pakistan

Muhammad Subtain Raza, Muhammad Fayyaz and Nida Syed

International Journal of Management Sciences, 2015, vol. 6, issue 12, 572-581

Abstract: Inclusive growth is doable only by involving all financial stakeholders and channelizing all the resources in coherent ways. Financial inclusion is a novel approach which equip with different techniques to promote the financial accession and ultimately ensure financial progression for masses. Pakistan is considered as one of the largest rural communities based country in the world. Financial inclusion has targeted approach to provide banking and financial services to all people in a fair, lucent and evenhanded manner at reasonable cost. This paper is an endeavor to portray financial inclusion in Pakistan. This paper covers the basic concepts of financial inclusion, literature, current status and facts, initiatives of Pakistan in connection to financial inclusion, comparative analysis with main South Asian countries. Lastly it suggests some practical recommendations.

Keywords: Financial Inclusion; Pakistan; Comparative analysis. (search for similar items in EconPapers)
Date: 2015
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