After the COVID-19 was declared a pandemic by the World Health Organization (WHO), various international financial agencies have been providing economic and technical assistance to countries in helping combat the economic impact. Accordingly, the International Monetary Fund (IMF) is providing emergency financial assistance and debt relief to member countries facing the economic impact of the … Read More “Pakistan ranks 3rd among Countries received relief from IMF” »
Are you searching for tips to enhance productivity while working from home? Well you are at the right place. Just ride along through this blog and know about 5 key tips for work from home. As the whole world is affected by the Covid-19 pandemic, the populous around the global has been confined to their … Read More “5 Tips to enhance productivity while Working from Home” »
Owing to Covid 19, online shopping is booming day by day and it is safer than going out in this pandemic situation. Though there are other reasons to shop online like customized shopping options, shopping while sitting in your backyard etc. In nutshell online shopping is much easier, comfortable and lucrative for consumers. Thus trillions … Read More “5 Tips for Safe Online Shopping” »
The Securities and Exchange Commission (SECP) has advised insurance companies to grant one month free of cost extension in insurance coverage to all motor insurance policyholders. The decision has been taking while keeping in view the anticipated low claim ratio in motor insurance business due to lock-down. The decision to provide one month free of … Read More “One month free coverage to motor insurance policyholders” »
Earlier we had share our opinion on the economic impact of coronavirus in Pakistan. The economic situation is changing rapidly given the fact that the world has not been able to contain the coronavirus. Accordingly, we have decided to update our readers about the economic impact of COVID-19 on Pakistan and its direction in light … Read More “Economic direction of Pakistan after COVID-19: A review in light of major economic indicators” »
As per a press statement issued by SBP, all commercial banks / Development Financial Institutions (DFIs) have been advised to suspend payments of dividend for the two quarters ending March and June 2020. However, banks/DFIs that have approved dividend declaration for quarter ended March 2020 have been advised to suspend dividend distribution for June and … Read More “SBP advised Banks / DFIs to suspend dividend Payments” »
The State Bank of Pakistan (SBP) has announced a new Refinance Scheme called “Refinance Scheme for Payment of Wages and Salaries to the Workers and Employees of Business Concerns”. This scheme aims at supporting businesses affected by the coronavirus pandemic to ensure availability of funds at their disposal for payment of wages/salaries to their workers … Read More “What you need to know for applying under SBP`s Refinance Scheme for Wages and Salaries” »
The global economic is on a standstill for the past two months as the novel corona virus has affected almost all the countries around the world. These countries have placed complete or partial lockdown to contain the further spread of virus. While the global leaders and international financial institutions are finding ways to bring this … Read More “Main economic losers of the COVID-19 pandemic” »
With a view to combat the impact of COVID-19 pandemic, the State Bank of Pakistan (SBP) announced various refinance schemes. One of the schemes which received appreciation from the business community is the Refinance Scheme for Payment of Wages and Salaries to the Workers and Employees of Business Concerns. This facility provides concessional loans to … Read More “SBP relax requirements for refinance scheme for payment of wages and salaries” »
Economic activity across the globe has come to a standstill as the COVID-19 pandemic situation is not normalizing. The International Monetary Fund (IMF) has stated that this economic situation will be the worst downturn since the Great Depression. The recovery of this situation will depend on the policy measures taken by the respective governments and … Read More “Policy decisions by Central Banks / Monetary Authorities to combat economic fall-out of COVID-19” »
