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FATF and the new electronic ‘Hundi’

Mobile Money or M-banking refers to payment services operated under financial regulation and performed from or via a mobile device, for examplea mobile phone is used for payment of utility…

Fully inclusive financial system

One of the mistakes multinational companies make is to look at countries as either 'developed' or 'developing', and then try to shoehorn a product or solution into that country that…

The future of our economy – Part I

The future of any economy is closely linked with its present and the past. Pakistan’s economic past has gone through different phases with impressive growth and poverty reduction in the…

The crypto reality

Alongside advancement in technology, money has also changed resulting in today’s digital currencies. Crypto currencies have become a widespread form of payment around the world due to their low cost,…

En route to a welfare state?

Because of Covid-19 we have already started spending a lot more on health cover than what we have been budgeting for this sector annually for most of the past 73…

Budget speech 2021-22

The full text of budget speech of Minister for Finance and Revenue Shaukat Tarin that he delivered in the National Assembly on Friday, June 11, 2021 Bismillahir-Rehmanir-Rahim Mr. Speaker, 1.…