Tag Archives: NFIS

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 …

Though Pakistan is now 72 years old, still our economy is going through a transition phase. The stabilization policies are in place to ensure a stable macroeconomic environment which is vital for economic development. The government is pursuing wide-ranging reforms …

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 …

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 …