Bringing Finance to Pakistan's Poor

Bringing Finance to Pakistan's Poor

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This report provides a detailed analysis of Pakistan's relationship with the financial sector, examines regulatory and institutional arrangements, and proposes promising future development options, building on international best practice examples.The main features of this form of leasing are that a written contract is mandatory; the asset should exist at the time of the contract; the asset must have a real and lawful use and should not be used ... Total loss is the ownera#39;s responsibility, however; the user is responsible for damage through misuse or negligence. ... For a definition of modarabas, please see 40.pdf (p.

Title:Bringing Finance to Pakistan's Poor
Author:Tatiana Nenova, Cecile Thioro Niang, Anjum Ahmad
Publisher:World Bank Publications - 2009


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