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Women’s Financial Inclusion Vital to Track Poverty Mitigation

Islamabad: According to Prime Minister Imran Khan, women’s financial inclusion is essential to accelerating poverty eradication and, as a result, to the growth of the national economy.

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The prime minister told the audience at the introduction of the Ehsaas Saving Wallets programme that no country could advance until its weakest socioeconomic sections were given more authority.

The programme, which is a crucial part of the Ehsaas Financial Inclusion Strategy, was introduced by the prime minister in 2019 during the visit of Dutch Queen Maxima.

According to the prime minister, the initiative “saving wallets” was in accordance with the universal truth that women’s participation in the financial system may assist them in starting their own enterprises and saving money to go through tough times.

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The savings bank account’s layout is straightforward in the following ways: the accounts are intended for Kafaalat beneficiaries; beneficiaries can open them at agent shops or ATMs; the initial transactions through these accounts will include balance inquiries, cash in and cash out; transferring money received from Ehsaas to mobile accounts; mobile top-up; paying utility bills; and money transfers.

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