Islamabad : A two-day conference titled ‘Sustaining Resilience: Microfinance in a Post Pandemic Era’, was held at Serena Hotel here, says a press release.
The conference participants included Policy makers, regulators, bilateral & multilateral donors, representatives from Microfinance banks, Non-bank financial Institutions, commercial banks, the Insurance Industry and related stakeholders.
The guest of honor for the event, Advisor to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh shared his insights on the economy, the role of the Government in supporting micro, Small & medium enterprises, youth & women. He highlighted the importance of the Microfinance sector in achieving Inclusive growth for the country.
President & CEO Khushhali Microfinance Bank Limited (KMBL) and Chairman PMN, Ghalib Nishtar in his address stated the aims and objectives of the conference. He highlighted the contribution of the sector to micro enterprise growth and employment in Pakistan.
Given the significance of microfinance it is even more crucial for microfinance institutions to continue supporting its clients during crisis times, he added that “The microfinance industry of Pakistan has certainly faced the fallout of COVID19 crisis but a marginal decrease in percentage of the loans given out shows that we managed to make it through a national health emergency with resilience. At this conference, we’ve talked about ways to tackle the challenges imposed on microfinance by a pandemic and the opportunities & the structural support that the Industry requires from the policy makers and the regulators”.
While chairing the session on ‘Making Microfinance Resilient: Putting in Place a Disaster Risk Fund’.
A representational image of young people working in a company. — AFP/FileIslamabad: The National Vocational and...
Ambassador of Kazakhstan to Pakistan, Yerzhan Kistafin speaks during a book launching ceremony. —...
Ahmed Jawad A A. Rabei, ambassador of the State of Palestine , VC Riphah University Prof. Dr Anis Ahmed and Dr...
The Department of Food Science & Technology building in the University of Karachi. — University of Karachi...
The printed papers of cigarettes can be seen in a cigarette factory. — FBR Website/FileIslamabad: Health activists...
This representational image shows an array of colourful flowers on display on December 3, 2023. — Facebook/Parks and...