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Tag Archives: NFIS

Balochistan strives to have easy financial services

Balochistan strives to have easy financial services

Balochistan still lacks financial inclusion. Truly speaking, it still lacks access to formal financial services including savings, credit, insurance and payments vis-à-vis formal financial intermediaries, at an affordable cost. Present government led by Prime Minister Imran Khan needs to work …

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Control spending, get rich slowly

Control spending, get rich slowly grounds

Recent Findex stats find that ownership of financial accounts in Pakistan – including those with commercial banks, microfinance institutions, and mobile money accounts – has risen to 21% of the adult population, compared to 10% in 2011. Albeit slow, the …

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Balochistan be deficient in financial inclusion

Balochistan be deficient in financial inclusion

Today, Pakistan’s financial sector has transformed into a modern and sound financial sector dominated by private banks. The country’s banking sector accounts for 75% of financial sector assets. The microfinance sector is significant in terms of financial access. Islamic finance …

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Next five-year plan for economic growth

Next five-year plan for economic growth

Economists have predicted that the Pakistan’s economic growth in the present fiscal year is expected to hit a 9-year low, dipping to approximately 2.9 percent, adding that looming balance of payment shortage, cut in development expenditures, monetary tightening and depreciation in the local currency …

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