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SBP

SBP Grants In-Principle and Pilot Approvals to EMIs and PSOs/PSPs

KARACHI, November 05 2024: In a significant move to boost the digital financial ecosystem in Pakistan, the State Bank of Pakistan (SBP) has granted in-principle approval to M/s Toko Lab Private Limited and M/s Accept Technologies Private Limited (trading as PayMob) for establishing an Electronic Money Institution (EMI) and a Payment System Operator (PSO)/Payment Service…

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IBA

IBA Karachi Launches Third Edition of Social Sciences Winter School

KARACHI, November 05 2024: The Institute of Business Administration (IBA), Karachi, in collaboration with the Centre for South Asian and Himalayan Studies (CESAH, CNRS-EHESS), launched the Third Edition of its Social Sciences Winter School today, a multidisciplinary initiative designed to encourage fresh perspectives on societal issues through the lens of image, film, and sound. Running…

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PAKISTAN OUTLOOK

Pakistan Macro Outlook

KARACHI, November 05 2024: The recent 250 basis point (bps) policy rate cut by Pakistan’s central bank, bringing the rate to 15%, marks a significant shift in the country’s economic strategy. This move, which goes beyond the market’s anticipated 120-150 bps reduction, aims to ease the government’s borrowing costs and is expected to have far-reaching…

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