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

    Independent Economists Expose Modi's Fake GDP

    Ruling politicians in New Delhi continue to hype their country's economic growth even as the Indian currency hits new lows against the US dollar, corporate profits fall, electrical power demand slows, domestic savings and investment rates decline and foreign capital flees Indian markets. The International Monetary Fund (IMF) has questioned India's GDP and independent economists…

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    Posted by Riaz Haq on January 25, 2026 at 4:30pm — 1 Comment

    US Immigrant Visa Freeze For 75 Countries: Why Pakistan But Not India?

    The US State Department has suspended processing of immigrant visas from 75 countries, including Pakistan but not India. This action followed President Donald Trump's social media post that listed, without context, the percentage of immigrant households from these countries that rely on the US government financial assistance. While Mr. Trump’s post singled out immigrants,…

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    Posted by Riaz Haq on January 17, 2026 at 5:30pm

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