How to Transfer Money from Bank to Bank

How to Transfer Money from Bank to Bank

Online money transferring is a blessing because it provides us with a lot of the options and there are so many means where you can send money online. Transferring money from one place to another is no longer trouble and you don’t have to worry about it because there is always […]

WHY REMITTANCES ARE IMPORTANT FOR PAKISTAN?

pakistan remittances

No doubt, today Pakistan’s economy is facing many problems regarding its economy. Poverty and inflation rates are showing a dark future for Pakistan. But hope is still there because of a resource like remittances. Pakistan is receiving about $2 billion remittance funds every month and reports are showing further improvements in […]

ECONOMIC BENEFITS OF REMITTANCES

ECONOMIC BENEFITS

Remittances are the funds which are sent by people working outside their home country to their families. These funds have a huge impact on the economic growth of a country. Countries with an ongoing struggle for economic development receive the greatest amount of remittances. Remittances are important for economic growth. It […]

BLACK MARKET AND POVERTY

BLACK MARKET

A black market is named as the shadow market of the economy. The black market runs different illegal activities to earn money. These informal activities are mostly criminal activities involving violation of basic human rights. BLACK MARKET The black market has been damaging the economy in many ways and it will […]

WHAT IS MONETARY POLICY?

MONETARY POLICY

Monetary policy is composed of the certain mechanism of bringing changes to the money supply by the act of drafting, announcing, and implementing the decisions taken by the central bank, currency board, or other authorities involved. These institutions also have the authority to control the channels through which the money enters the […]

Financial Sector – ROLE OF FINANCIAL SECTOR IN ECONOMY

FINANCIAL SECTOR

The financial sector is an important field of the economy that includes firms and institutions that provide financial services to commercial and retail customers. This sector is composed of a vast range of industries. Institutions like banks, investment companies, insurance companies, and real estate firms come under the umbrella of the […]