Documenting economy through financial inclusion
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf ShakooriTo achieve financial inclusion-related objectives National Financial Inclusion Strategy (NFIS) was launched by Pakistan in May 2015. The strategy was devised to achieve short-term as well as long-term goals. The short-term goal…
Improving voluntary tax compliance
Huzaima Bukhari & Dr. Ikramul HaqThe Inland Revenue is here to ensure that everyone understands and receives what they are entitled to and understands and pays what they owe, so that everyone contributes to the UK’s needs—slogan on website of…
State—a moral person?
Huzaima Bukhari“When there is a lack of honor in government, the morals of the whole people are poisoned”―Herbert HooverWhen Joseph Conrad said that the belief in a supernatural source of evil is not necessary as men alone are quite capable…
Deteriorating economic conditions
Abdul Rauf Shakoori & Dr. Ikramul HaqAs per statistics released by the State Bank of Pakistan (SBP), Pakistan’s economy posted a growth of 3.9% in the Financial Year (FY) 2021. This seems to be an impressive recovery as compared to…
Amendment in FATF Recommendation 23
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf ShakooriRecommendation 18 of the Financial Action Task Force (FATF) requires that financial institutions should implement programmes against money laundering and terrorist financing and that financial groups should implement group-wide programmes against money…
Fearful of fear
Huzaima Bukhari“We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light”―PlatoThe physical version of fear is actually an emotion that emerges from an anticipated infliction…
Regulating Emerging Technologies
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf ShakooriThe technological landscape has changed massively in the last few years and this has also transformed the financial sector around the world. New phenomena of digital currencies have emerged which are growing…
Playing political yoyo
Huzaima Bukhari“If you choose to put political expediency and politics ahead of the men and women on the ground, for that, you’ll have to answer to yourself. I find it morally reprehensible”―Michael Richard PompeoUnder Article 16 of the Constitution of…