by Qudsia BanoISLAMABAD– Despite promising digital payment statistics and a thriving young population, Pakistan’s small and medium-sized enterprises (SMEs) continue to face serious setbacks in entering the global digital economy due to unreliable internet access and fragmented online payment systems. Industry leaders and policy experts are sounding the alarm over deep-rooted digital challenges that are ...
By Qudsia Bano ISLAMABAD– Pakistan’s fragile export-led growth model faces a new wave of turbulence following the imposition of a 29% tariff by the United States on a wide range of Pakistani goods. The move, seen as part of Washington’s broader trade recalibration, has raised alarm bells among economists, exporters, and investors, as it threatens ...
By Qudsia Bano ISLAMABAD– In a bid to improve the ease of doing business in Pakistan, the Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Central Depository Company (CDC), has unveiled a concept paper aimed at enabling same-day corporate bank account opening through its digital portal, eZfile. The initiative is poised to ...
By Qudsia Bano ISLAMABAD– Pakistan has borrowed approximately $6 billion from multiple financing sources during the first eight months (July-February) of the fiscal year 2024-25, raising concerns about the country’s economic stability amid widening funding gaps. Despite budgeting $19.393 billion for external financing in the ongoing fiscal year, Pakistan has secured only 30% of the ...
