Mobile Money Adoption Increased During Pandemic by 4%: Survey
Karandaaz held a webinar to share the findings of the recently concluded survey on the impact of COVID-19 on financial behavior in Pakistan.
This survey was designed and conducted in partnership with Kantar and is preceded by six waves of the Financial Inclusion Insights (FII) Survey. The FII survey is a nationally representative survey gauging financial inclusion and access to and use of mobile money and other digital financial services in Bangladesh, India, Indonesia, Kenya, Nigeria, Pakistan, Tanzania, and Uganda.
In Pakistan, the last FII survey was implemented prior to the COVID-associated lockdown in March 2020. Subsequently, this survey was conducted from October 20 to December 30, 2020, to measure changes in financial inclusion compared to the FII Wave 6 survey implemented earlier in the year.
Unlocking Pakistan’s destiny one SMB at a time Habibullah Khan
As a nation, Pakistan reigns as master of its potential yet buckles in the face of prevailing challenges. The country is confronted by uncertain geo-political realities. It shares borders with nations that are home to the second- and third-largest defence budgets globally, while the world’s lone superpower and biggest military spender retains key interests in the region.
Closer to home, trade imbalances and debt intricacies continue to be a factor in macro-economic conversations. Elsewhere, UN projections regarding Pakistan’s ongoing population explosion makes for grim reading. The world body predicts: by 2025, the country will be home to some 242 million people; by 2030, half of the population will live in cities, representing the largest urbanisation in South Asia that remains mostly unplanned. The UN also warns that by 2050, Pakistan’s population will surpass the 400-million mark.