Morning News: Jul-Sept retail payments: Total value soars 6pc to Rs166trn QoQ – By AHCML Research
- Retail payments in Pakistan showed strong momentum during the first quarter of this fiscal year (FY26), with transaction volumes climbing to 2.8 billion, a 10 percent increase from the previous quarter, while the total value of payments rose 6 percent to PKR 166 trillion.
- The government on Tuesday launched the country’s first-ever private-capital-funded Pakistan Skills Impact Bond (PSIB), backed by a guarantee from the Ministry of Finance to operationalize the inaugural Rs one billion pilot tranche of a three-year instrument to fund a wider and scalable Technical Skills Development Programme.