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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…
ContinueAdded by Riaz Haq on January 23, 2021 at 1:30pm — 59 Comments
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Northern Pakistan is home to over 13,000 glaciers which pose a risk of catastrophic flash floods similar to the recent flash floods in Nepal. Pakistani officials have warned that shifts in glacier behavior are increasing the risk of glacial lake outburst floods (GLOF), particularly in Gilgit-Baltistan and Khyber Pakhtunkhwa, where communities face growing exposure to sudden flooding and landslides. …
ContinuePosted by Riaz Haq on August 24, 2026 at 5:00pm
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