Pakistan’s Economy Shows Faster-Than-Expected Recovery — But Risks Still Linger
Pakistan’s economy appears to be stabilizing more quickly than many anticipated, with key indicators pointing toward a gradual but meaningful recovery. Recent remarks from the central bank leadership highlight improvements in inflation, foreign reserves, and economic growth — all signs that the country’s tough policy measures are beginning to pay off. One of the most […]
Pakistan Moves to Bring Crypto Businesses Into the Banking System
Pakistan has taken a significant step toward regulating its digital asset space by allowing licensed virtual asset service providers (VASPs) to access formal banking channels. The decision by the State Bank of Pakistan marks a clear departure from its earlier stance in 2018, when financial institutions were effectively barred from dealing with crypto-related businesses. This […]