The report calculates that 252 men have more wealth than all one billion women and girls in Africa and Latin America and the Caribbean combined. And 10 of the world’s richest men own more than the least affluent 3.1 billion people.
Economy
The SBP’s objection to govt-supported bank account for Afghanistan on the pretext of FATF seems a tactic to delay support for Afghanistan and to please for the foreign masters.
Cumulatively, at $15.8 billion, remittances grew by 11.3% during the first half of FY22 over the same period last year.
New increase in power tariff will be recovered from consumers in Jan-2022 bills to be paid in February.
Instead of empowering millions of jobless youngsters/students to take benefit from the mining of cryptocurrency, the panel of the State Bank of Pakistan has suggested a complete ban on crypto, etc.
The WB has anticipated a slowdown in economies of the advanced and developing nations in 2022 after showing recoveries last year.
Opposition members and representatives of the PTI’s allies in government have opposed taxation on essential consumer items
Bilawal criticised the government over the State Bank of Pakistan (SBP) Amendment Bill 2021, and said the IMF had demanded autonomy for the SBP during the eras of PPP and PML-N, but both the parties rejected this condition.