Microfinance: towards an inclusive financial sector
Today, one of the key challenges emerging nations face while pursuing economic growth and development is how to counter poverty. Poverty is a multifaceted phenomenon that includes, but goes beyond…
Microfinance: towards an inclusive financial sector
Today, one of the key challenges emerging nations face while pursuing economic growth and development is how to counter poverty. Poverty is a multifaceted phenomenon that includes, but goes beyond…
IMF review: does it support Dar’s claims?
This is the second of a two-part series discussing the IMF third staff report as well as the Letter of Intent submitted by the government with respect to commitments made…
MAD support for bonds even as fingers point at Russia
As Russia appeared to dump US Treasury debt this month in the thick of a tense East-West stand-off over Crimea, bond markets barely blinked - raising questions about just how…
Financial inclusion
One glaring inequity, among many, in Pakistan’s socio-economic framework is the unequal access to financial services. While, overall, Pakistan has a fairly well-developed and relatively robust formal financial sector, a…
Income Support Levy 2013: A perspective
The Finance Minister during his recent budget speech introduced a new Income Support Levy Tax. A Levy of 0.5 percent would be imposed on all moveable assets of an individual…
Taxing the taxed: Income Support Levy Act, 2013
In the current budget, the government has proposed to levy a wealth tax by proposing to enact a new law.1 The object of the tax is to provide financial assistance,…
FX & Gold – weekly outlook – March 25 – 29: Cyprus dominates global financial market
The Fed''s FOMC meeting that was supposed to be the major event of last week was sidelined as Cyprus funding crisis dominated the global financial market. Imagine that how brittle…
Financial tsunami
Political tsunami, as popularised by Imran Khan, is now well-known in Pakistan. What is not known is ‘financial tsunami’, which has struck Pakistani shores in the last two weeks. This…
Crime and terrorism: Financial challenges – II
Risk-based approach: Nations are operating within a comprehensive international framework that deters financial crime and terrorism in the first place; detects it when it happens and disrupts the activities of…
