China’s push to revive the economy this year by increasing infrastructure spending while warding off financial risks is facing headwinds from massive local-government debt, which is more than $9 trillion…
The Bank of International Settlements in its own studies discovered that at least one-fifth of the world’s population will use digital currencies within the next three years. This clearly shows…
Lebanese student Fatima Jaber’s family is struggling to pay off multiple loans with double-digit interest rates. Even before the start of protests that have forced out Lebanon’s prime minister, her…
The government believes that Pakistani nationals having more than 152,500 offshore bank accounts could have stashed away a hefty sum of $11 billion, half of which is presumed to have…
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…
A central bank is the apex monetary institution of a country. It is a symbol of the financial sovereignty of a nation. It controls the flow of purchasing power -…
Decentralised Finance (DeFi) is a pioneering force, making breakthroughs in the field of finance and revolutionising the centrally dependent financial sector. It has already made a difference in several countries…
Most musicians in Pakistan are suffering due to a lack of a sustainable ecosystem for musicians. The painful death of Asad Abbas, renowned folk singer, shows the murky reality our…
Pakistan is at a critical juncture of its journey of digital financial inclusion. It is critical that the Central Bank and the industry reflect and take stock of the country’s…
Our society essentially stands divided into three classes. The elite class comprises the top bureaucrats both civil and military, business tycoons and politicians. Then follow two classes – the thinning…
