Question

explain any three reforms of financial sector​

Answer 1

Answer:

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Explanation:

The main thrust of the financial sector reforms has been the creation of efficient and stable financial institutions and development of the markets, especially the money and government securities market. In addition, fiscal correction was undertaken and reforms in the banking and external sector were also initiated.

Answer 2

Answer:

Reform of the financial sector was recognized, from the very beginning, as an integral part of the economic reforms initiated in 1991. ... Major aims of the financial sector reforms are to allocate the resources proficiently, increasing the return on investment and hastened growth of the real sectors in the economy.

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