The Pakistan Microfinance Network (PMN) is proud to introduce its newly elected Chairman, Mr. Kabeer Naqvi, a seasoned professional with a remarkable background in the financial industry. With his extensive expertise, Mr. Naqvi is poised to lead PMN in its mission to foster financial and social inclusion while driving economic empowerment for the underserved population… Read More »
The Pakistani rupee witnessed a significant surge in the interbank market on Tuesday, following a breakthrough deal with the International Monetary Fund (IMF). Bullish Trend in Currency Market Inspired by Pakistan Stock Exchange (PSX) Taking inspiration from the remarkable 5.9% surge in the Pakistan Stock Exchange (PSX) during the first trading session on Monday, the… Read More »
In a groundbreaking move that promises to revolutionize Pakistan’s financial landscape, the renowned South African firm, DNI Group, has made a significant investment of $1 million into Neem, an emerging startup in the country. This strategic partnership aims to foster innovation, catalyze growth, and promote embedded finance in Pakistan. Enhancing Neem’s Banking-as-a-Service Technology and Platform… Read More »
Meeting the International Monetary Fund’s Managing Director In a significant development, Prime Minister Shehbaz Sharif of Pakistan recently met with the managing director of the International Monetary Fund (IMF), Kristalina Georgieva. This meeting served as a platform for fruitful discussions regarding the IMF’s continued engagement with Pakistan. Prime Minister Shehbaz expressed his pleasure in meeting… Read More »
Pakistan Peoples Party (PPP) Chairman and Foreign Minister Bilawal Bhutto-Zardari has expressed his discontent with the government’s economic team, highlighting the absence of funds allocated for the 2022 flood victims in the recent federal budget presented by Finance Minister Ishaq Dar. In a recent development, Finance Minister Dar unveiled a budget of Rs14.5 trillion (approximately… Read More »