Social welfare programs are a critical and challenging subject for developing countries such as Pakistan. Constrained by limited funds, reach and effective management, the Government is caught between a rock and a hard place when it comes to deciding where and how to deploy its resources, especially in times of crisis. In these scenarios, individual […]

“Overall, working from home and going truly digital has been a pleasantly successful exercise for our organisation”, expressed Ahmed Fraz, Group CEO, Wavetec, during an exclusive Q&A session with our editor in Chief while sharing his insights on the impact of COVID-19 outbreak on the global financial landscape. 1. How is COVID-19 impacting operations? And […]

“We are noticing a 30% decrease in the branch banking footfall as customers adopt digital channels to ensure social distancing”, said Shehryar Bakht Ali, Head of Retail Banking, Bank One Limited – Mauritius, during an exclusive Q&A session with our editor in Chief on the impact of COVID-19 on overall financial sector. 1. How is […]

  The State Bank of Pakistan today released its Second Quarterly Report for FY20 on the State of Pakistan’s Economy. According to the report, the stabilization efforts and regulatory measures yielded notable improvements during the first half of FY20. The current account deficit contracted to a six-year low, foreign exchange reserves increased, the primary budget […]