PMC sets up Rs360m scholarship fund to support students
Pakistan Medical Commission (PMC) has announced the launch of the National Medical Scholarship Fund worth Rs360 million. The step will create avenues for high merit students who cannot af ford…
Financial interventions
Hasina, a mother of seven, from District Matiari faced grave circumstances when her husband, who was the family’s sole breadwinner, suffered a sudden and severe illness that left him bedridden.…
In support of a tiered university system
The seeds of California’s public university system – as it is today – were sowed in 1960, with the California Master Plan. The plan aimed to combine exceptional quality and…
Supporting Palestine
THE violent dispossession of Palestinians’ homes in East Jerusalem and the West Bank, the continuous harassment of Palestinians and the apartheid imposed on them in occupied Palestine, and the indiscriminate…
Financial inclusion and women’s integration
Mao Zedong proclaimed that ‘women hold up half the sky’ but he forgot to recognize that we still live in a man’s world. Women’s empowerment through access to finance, jobs,…
Call for independent financial reporting body
The Audit Oversight Board (AOB) established under the SECP Act, 1997 to regulate audit profession in the country and the Accounting Standards Board (ASB) recently formed under the control of…
Some thoughts on improving global financial governance
Globalization has recently come under attack for having given rise to excessive nationalism and protectionism. Excessive nationalism and protectionism carry the potential to hamper global economic recovery. For this reason,…
Financial emergency: possible/probable?
Is the declaration of a financial emergency imminent if the budget 2018-19 is implemented? This has been categorically rejected by Federal Finance Minister Miftah Ismail as one would have expected…
Illicit financial flows in the region
A recent study (November 24, 2017) provides an assessment of routes, actors and sources of Illicit Financial Flows (IFFs) and corruption in and between Kyrgyzstan, Tajikistan, Afghanistan, Pakistan, India, Nepal,…
Financial institutions: A framework for technology governance
State Bank of Pakistan released its "Enterprise Technology Governance & Risk Management Framework for Financial Institutions" at the end of May 2017 and expressed its desire that all FIs to…
