Featured Blog Posts – January 2021 Archive (1)

Raast Aims to Create Pakistan's Unified Digital Payments Infrastructure

Pakistan's central bankers have taken the plunge into the world of digital payments with their own offering: Raast. It aims to create an instant low-cost payment system that can seamlessly and securely connect government entities, a variety of banks, including microfinance banks (MFBs),  electronic money institutions (EMIs) and State Bank authorized payment service providers (PSPs) like 1Link and NIFT which may choose to take advantage of it.  Currency and coins in circulation account for…

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Added by Riaz Haq on January 23, 2021 at 1:30pm — 58 Comments

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    Blog Posts

    Pakistan's Rising Arms Sales to Developing Nations

    Pakistan is emerging as a major arms supplier to developing countries in Asia and Africa. Azerbaijan, Myanmar, Nigeria and Sudan have all made significant arms purchases from Pakistan in recent years.  Azerbaijan expanded its order for JF-17 Thunder Block III multi-role fighter jets from Pakistan from 16 to 40 aircraft. The recent order extends a 2024 contract worth $1.6 billion to modernize Baku’s airborne combat fleet to $4.6 billion. This makes Azerbaijan the largest export customer of…

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    Posted by Riaz Haq on October 29, 2025 at 10:30am

    Improved US-Pakistan Ties: F-1 Visas For Pakistani Students Soaring

    The F-1 visas for Pakistani students are soaring amid a global decline, according to the US government data. The US visas granted to Pakistani students climbed 44.3% in the first half of Fiscal Year 2025 (October 2024 to March 2025) with warming relations between the governments of the two countries. The number of visas granted to Indian students declined 44.5%, compared to  20% fewer US visas given to students globally in this period.  The number of US visas granted to Pakistani…

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    Posted by Riaz Haq on October 19, 2025 at 10:00am — 2 Comments

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