Documenting economy through financial inclusion
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori To 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…
Improving voluntary tax compliance
Huzaima Bukhari & Dr. Ikramul Haq The 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…
State—a moral person?
Huzaima Bukhari “When there is a lack of honor in government, the morals of the whole people are poisoned”―Herbert Hoover When Joseph Conrad said that the belief in a supernatural source of evil is not necessary as men alone are…
Deteriorating economic conditions
Abdul Rauf Shakoori & Dr. Ikramul Haq As 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…
Amendment in FATF Recommendation 23
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori Recommendation 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…
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”―Plato The physical version of fear is actually an emotion that emerges from an…
Regulating Emerging Technologies
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori The 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…
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 Pompeo Under Article 16 of the…