Pakistan Financial Inclusion Programme (FIP)
Description
To increase access to financial services for the poor, and the Small and Medium Enterprises (SMEs). By doing so, the programme supports inclusive economic growth and improved livelihood opportunities for poor and marginalised groups in Pakistan. The programme is implemented through the State Bank of Pakistan (SBP). The programme has focused on supporting institutional and regulatory reforms necessary for financial sector development, culminating in the National Financial Inclusion Strategy and implementation of key projects within that. In addition, it has also provided funds for guarantee schemes which guarantee partial repayments to lenders if the borrower defaults. The facilities reduce the risk to lenders of lending to individuals and businesses which they would otherwise consider as too risky.
Location
The country, countries or regions that benefit from this Programme.
Status Completion
The current stage of the Programme, consistent with the International Aid Transparency Initiative's (IATI) classifications.
Programme Spend
Programme budget and spend to date, as per the amounts loaded in financial system(s), and for which procurement has been finalised.
Participating Organisation(s)
Help with participating organisations
Accountable:Organisation responsible for oversight of the activity
Extending: Organisation that manages the budget on behalf of the funding organisation.
Funding: Organisation which provides funds.
Implementing: Organisations implementing the activity.
- Accountable
- Funding
- Implementing
Sectors
Sector groups as a percentage of total Programme budget according to the OECD Development Assistance Committee (DAC) classifications.
Budget
A comparison across financial years of forecast budget and spend to date on the Programme.
Policy Marker(s)
ODA measures in relation to their realisation of OECD development policy objectives