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Tag Archives: GCC

Remittances comeback

Remittances comeback

According to the State Bank of Pakistan (SBP), Pakistan’s remittances from overseas workers were increased 24 percent to $2.039 billion in the first month of FY2019-2020 from $1.645 billion in the last month. However, statistics also showed that July remittances …

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Review of Pakistan’s saving schemes

Review of Pakistan’s saving schemes

Various economists urged that the association between savings and economic growth is not only a significant but also a controversial issue for both policy makers and academicians. They have also examined that this phenomenon as cause and effect relationship. It …

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Islamic Finance: Progress and development

Islamic Finance: Progress and development

Image source: http://dy.163.com/v2/article/detail/ Islamic finance, because of one of the Islamic doctrines. Compared with ordinary banks, Islamic does not accept or pay interest. Until today, there are many devout toasts who are more likely to keep their money at home. Islamic …

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