The Director Finance, Chief Financial Advisor, USAID, along with their team visited National Bank of Pakistan, Head Office. During their visit, the team briefed the USAID delegation about the system developed by NBP, under the guidance of State Bank of Pakistan; for handling of revolving fund account maintained by USAID in NBP branches.

Director Finance USAID, Charline Eastin, expressed satisfaction over the newly developed application which will reduce turnaround time and standardize the statement of account of USAID across NBP network.

SBP, NBP and USAID have developed a combined training programme for potential users of the system. USAID is currently working on multiple initiatives in Pakistan in education, health, governance and Social sectors.-PR

Copyright Business Recorder, 2019