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Microfinance: A Grass-roots Method for Economic Empowerment and Social Mobility in Pakistan
Microfinance: A Grass-roots Method for Economic Empowerment and Social Mobility in Pakistan
The term Microfinance has recently began making its rounds in the mainstream in Pakistan. Ever since telecom services began offering loans and financing services (an odd combination in of itself) these last few years Microfinance has entered the mainstream. Though the idea of Microfinance is not exactly a fresh one, the use of these kinds…
The Ban on Luxury Goods in Pakistan
The Ban on Luxury Goods in Pakistan, And Its Recent Reinstatement. What was the Economic Impact?
Reading Time: 4 minutes The government imposed a ban on luxury goods on May 19, 2022. These luxury goods included decoration items, smartphones, cosmetics, automobiles, musical instruments etc. Citizens were not pleased by this decision at all but luckily, the trade deficit was reduced by 30%. In other words, the…