KARACHI - The State Bank of Pakistan, since its inception, has been making relentless efforts with sincerity and honesty for the development of the country's economy. The banking industry has made significant progress in recent years and the State Bank has taken a number of measures ensuring that people at large reap the benefits of economic growth, sustainability of growth momentum and competitive environment. This was stated by SBP Governor Dr Shamshad Akhtar while speaking at the flag hoisting ceremony held at the State bank of Pakistan to mark the 61st independence day. She said that the Independence Day provides the nation with an opportunity to reiterate our commitment with our homeland. Dr Akhtar said that despite several problems, Pakistan as a country has come a long way since achieving Independence in 1947. She highlighted various unique features and achievements of the country and said that "we all are proud to be Pakistani". SBP governor said being a leader of a national institution; she must admit that there are several impediments in our way to progress. "Partly we are also responsible for that as we have not aligned ourselves with the requirements of the21 century," she added. We have yet to achieve self-reliance in all sectors, which is a hallmark of sovereign and vibrant nation," she emphasized. Paying rich tribute to the forefathers of the nation, Dr. Akhtar said that this day reminds us of our elders, who under the dynamic leadership of Quaid-e- Azam Muhammad Ali Jinnah, sacrificed their lives and as a result of their unparalleled efforts, Pakistan was created. She paid glowing tribute to the national heroes and tens of thousands of unsung martyrs, who played a key role in the independence of the country. The ceremony was attended, among others, by Mr.Mansur-ur-Rehman Khan and Mr. Yaseen Anwar, Deputy Governors, senior executives, directors, officers and staff of the Bank besides families of the Bank employees.