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Friday, December 19, 2008

DFID To Provide £ 50 Million For Micro Financing Banking

KARACHI: A UK-based Department for International Development (DFID) would provide assistance of 50 million pounds for the development of micro financing sector.

Governor State Bank of Pakistan Dr. Shamshad Akhtar said this while talking to media in a function organized for the issuance of fund for micro financing development.

Speaking at this occasion, Director DFID David Taylor said the assistance would be expanded to 480 million pounds within next three years.

Governor State Bank said efforts would be made to boost private and local investment whereas training would be given to those working in micro financing sector.


this news published by www.apakistannews.com