Nov 25, 2019
Her Majesty Queen Maxima of the Netherlands, the United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA) met Foreign Minister Shah Mahmood Qureshi at the Ministry of Foreign Affairs to discuss progress of financial inclusion in Pakistan.
While appreciating the UNSGSA’s dedication to promote financial inclusion, the Foreign Minister said that her visit would provide added impetus to ongoing initiatives in the country. Foreign Minister also highlighted steps taken by Pakistan to promote financial inclusion.
The Minister informed the UNSGSA that the government had prioritized the National Financial Inclusion Strategy ‘NFIS’ as part of its initial 100 day agenda. Its implementation by 2023 is expected to lead to a creation of three million new jobs and additional exports of $ 5.5 billion through enhanced access to finance for SMEs.
In line with the purpose of Queen Maxima’s visit, the Foreign Minister also invited to the meeting a select group of civil society representatives working on financial inclusion and development of women in Pakistan. Sadaff Abid, founder of CIRCLE, Khalida Brohi, Founder of Sughar Foundation, Fiza Farhan, former CEO Buksh Foundation, and Shehzad Roy, founder of Zindagi Trust attended the meeting and provided valuable inputs.
The UNSGSA appreciated Pakistan’s efforts including the prioritization of access to financial service for women and promoting inclusive Fintech– the use of technology in financial services.
Her Majesty Queen Maxima arrived in Pakistan this morning on a three-day visit. She is also expected to meet the President and Prime Minister during the visit.