SBP to work with World Bank on supervisory framework
The State Bank of Pakistan (SBP) is to work with the World Bank on delivering many aspects of its Vision 2020 strategic plan, including the creation of a new risk-based supervisory framework.
The two organisations signed a deal on January 29, during a visit by World Bank chief executive Kristalina Georgieva, when she also met Pakistan's prime minister and finance minister. As well as providing lending to the country and support to the SBP, the World Bank is mediating a dispute with India over
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