Author Affiliation

  • Dr. Ishrat Husain is Governor State Bank of Pakistan

Was this content written or created while at IBA?

Yes

Document Type

Article

Source Publication

BIS Review

Keywords

Economy, Financial sector, Banking

Disciplines

Finance | Finance and Financial Management

Abstract

Keynote address by Mr Ishrat Husain, Governor of the State Bank of Pakistan, at the 54th Annual General Meeting of the Institute of Bankers, Pakistan, Karachi, 14 October 2004.

The first generation of reforms in the financial sector of Pakistan is about to be completed successfully and we have to lay down the proposals for eliciting wide discussion on the second generation of reforms. The reforms should be implemented in the next five years, although they have to be reviewed continuously to adapt them according to the changing circumstances both domestically and internationally. The objective of the second-generation reforms is to further deepen the financial sector and integrate it into the global economy. Before we lay down the proposed road map, let me recapitulate briefly as to what we have learnt from our experience so far and what we have accomplished so far.

Publication Status

Published

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