Published in DAWN on August 18, 2021 THE new three-year State Bank refinance scheme — SME Asaan Finance — for providing collateral-free bank loans to small and medium enterprises has two objectives. One is to immediately boost the access of labour-intensive SMEs to formal credit and the other is to give the participating banks the opportunity to […]
By Maleeha Lodhi Published in DAWN on August 16, 2021 PAKISTAN’S independence day was celebrated with much enthusiasm as it should. These milestones are opportunities to renew the national spirit and inspire hope about the future. They are also occasions to push back against negativity and build national confidence. It is, above all, a moment to recall[…]
By Shahbaz Rana Published in DAWN on August 12, 2021 ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday approved a subsidy of Rs13.1 billion for retaining the inflows of foreign remittances at their existing level — $29.4 billion annually — amid ambiguity over an incremental increase in the amount. The government has also made[…]