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Measuring banking sector competition – I

The following are excerpts from a Working Paper "Measuring Competition in the Banking Sector of Pakistan: An Application of Boone Indicator" authored by State Bank of Pakistan's Mahmood ul Hasan…

Tapping the digital banking potential

Based on extrapolation from a 2005 SMEDA survey, and using commercial and industrial electricity connections as a proxy, Pakistan has five million MSMEs (micro, small and medium enterprises). Out of…

World Bank update

The Development Update of Pakistan has been released recently by the World Bank. The Bank has been the largest and trusted development partner of Pakistan. It has acted as the primary source…

US central bankers are mostly white men

Over more than a century of the Federal Reserve’s existence, the critical job of controlling the cost of money and the availability of credit has fallen mostly to white men,…