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 — 59 Comments

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    Pakistani-American Professor Publishes Landmark Genomic Research on Pakistanis

    Dr. Danish Saleheen, a Pakistani-American professor at Columbia University, and his fellow researchers have published a comprehensive analysis of 173,303 genomes from Pakistan, one of the largest genomic studies ever conducted in South Asia. This landmark work is upending how scientists understand human genetics and drug development. "South Asians have been severely underrepresented in genome studies—comprising just 2% of global genomic databases despite representing…

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    Posted by Riaz Haq on June 26, 2026 at 7:30pm — 1 Comment

    Does Pakistan's Real GDP Exceed One Trillion US Dollars?

    A 2024 joint study of the International Labor Organization and the Small and Medium Enterprise Development Authority  (SMEDA) estimated Pakistan's undocumented economy at $457 billion. While other South Asian nations, particularly Bangladesh and India, do include estimated undocumented GDP figures in their official GDP, Pakistan's official GDP figures do not include such estimates. If the Pakistani government decides to include estimates of the informal economy in its official…

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    Posted by Riaz Haq on June 19, 2026 at 7:30am — 5 Comments

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