21

Feb

New leaks unmask wealth parked at Swiss bank

By Umar Cheema Published in The News on February 21, 2022 ISLAMABAD: A leak from a Swiss bank has unmasked the hidden fortune of its wealthy clients in 128 countries and they range from the business individuals to politically exposed persons and those investigated, at times convicted, in connection with different criminal activities. Included in the leak […]

Financial system for all but the illicit

By Dr Reza Baqir Published in DAWN on February 19, 2022 IN November 2019, the World Bank’s President David Malpass visited the State Bank of Pakistan to launch SBP’s National Payments Strategy. A key element of this strategy is moving Pakistan away from cash by offering cheaper and easier digital alternatives to make payments. This week Prime[…]

17

Feb

NA panel approves amended FRDL Act

By Shahbaz Rana Published in The Express Tribune on February 17, 2022 ISLAMABAD: A legislative panel of the National Assembly on Wednesday approved amendments to the Fiscal Responsibility and Debt Limitation (FRDL) Act to relax the condition to reduce the debt to a sustainable level for 10 years after the government constantly violated the law. The National[…]