Kathmandu, Sept. 5
The Chairmanship of the South Asia
Region Financial Inclusion Initiative (SARFII) is conferred on the Nepal Rastra
Bank (NRB). With this Governor of the NRB, Maha Prasad Adhikari, has become the
chairman of the regional mechanism.
The central bank of Nepal got the
leadership of the organisation at the meeting of the Alliance for Financial
Inclusion (AFI) - Global Policy Forum being held in El Salvador from September
2.
According to the NRB, the
chairmanship was handed over to Governor Adhikari at the fifth SARFIL Leaders
Roundtable organised at the meeting on Wednesday. He had participated in the
meeting through virtual means.
He was the incumbent Vice-chair of
the SARFIL while the chairman was with the Maldives Monetary Authority.
Likewise, the meeting has elected the
State Bank of Pakistan as the Vice-Chair of the organisation.
The SARFIL was established in 2022
at the 12th meeting of the Global Policy Forum held in Dead Sea of
Jordan. Central banks of Nepal, Bangladesh, Bhutan, the Maldives, Pakistan and
Sri Lanka are the members of the organisation.
It was established with the
objectives of knowledge sharing at the regional level, capacity building and
joint learning exercises, implementation of technical assistance, and promoting
all financial inclusion following global and regional best practices.
Published in The Rising Nepal daily on 6 September 2024.
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