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Tag Archives: financial inclusion

Raast — the way forward for financial inclusion and tackling poverty

Raast -- the way forward for financial inclusion and tackling poverty

State Bank of Pakistan in collaboration with Karandaaz and Bill & Melinda Gates Foundation, marked the beginning of 2021 with a digital leap forward following the launch of Raast — Pakistan’s first instant payment system that permits end-to-end digital payments among general public, businesses and government entities. The initiative is part of ‘Digital Pakistan Vision’ aimed at financial inclusion of poor segments and women of our society in the formal …

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Digital transformation — a way to accelerate COVID recovery

Digital transformation -- a way to accelerate COVID recovery

The growing COVID-19 emergency takes steps to excessively hit developing nations, not just as a health emergency for current but in addition it has overwhelming social, economic and political impacts in future. Recently the bigger challenge for the developing nations is to keep economy moving to ensure food supply and wellbeing of the society during the various barriers of physical distancing and lockdowns. Plagues and pandemics have been undermining mankind …

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