Stories from MUSLIM MOOMAN
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Adapting to AI disruption in finance
Financial sector may be big beneficiary of AI, with potential value of $1.2tr by 2030
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Challenging times for the economy
Despite trying hard, govts have failed to address structural problems via reforms
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Changing currency dynamics - from bipolar to multipolar world
Now, 59% of global currency reserves are in US dollars, down from three quarters earlier
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Understanding bank run, consequences for economy
It sparks industry-wide panic that can lead to financial crisis, deepen recession
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Savings in high interest rate environment
In case of price rise, discretionary expenses should be cut, funds directed towards essentials
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Investing in recessionary period
Recessions don’t last long; best of opportunities are found in difficult environment
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Unity, faith and discipline in economic lifecycles
Let’s join hands to make 2022 turning point for Pakistan’s fortunes
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Data privacy: key to banks sustainability
Though customers trust banks more than fintech challengers, this won’t last forever
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Inculcating saving behaviour into youngsters
Owing to low level of savings, investment in export-related sectors is unsatisfactory
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Ukraine crisis and inflation
Russia-Ukraine conflict may create wheat shortages in Pakistan, increase food inflation