What Is the Roshan Digital Account and How Do I Open One? A direct answer for overseas Pakistanis with NICOP or POC documentation By Asad Baig · Lahore · May 2026 · Approx. 5-min read The short answer The Roshan Digital Account (RDA) is a fully digital foreign currency banking product launched by t...
Asad Baig
How Much Do Pakistani Banks Earn from FCY Restrictions? $1.5 to 2.5 billion annually, approximately 30 to 40 percent of total banking sector profit By Asad Baig · Lahore · May 2026 · Approx. 5-min read The short answer Pakistani banks earn approximately $1.5 to 2.5 billion annually from FCY restric...
Asad Baig
What Is the Effective Rate When Paying $100 from a Pakistani Bank Card? The full breakdown, PKR 350 to 360 per USD for filers, PKR 365 to 385 for non-filers By Asad Baig · Lahore · May 2026 · Approx. 5-min read The short answer For a tax filer at an interbank rate of PKR 280 per USD, the effective...
Asad Baig
Did the IMF Force Pakistan to Sign the 1994 Power Policy? A common defence of the 1994 contracts examined honestly. The short answer is no. The longer answer is more uncomfortable. By Asad Baig · Lahore · April 2026 · Approx. 5-min read The defence Whenever I write about the 1994 Power Policy, the...
Asad Baig
What Is Circular Debt in Pakistan's Power Sector? The Rs. 2,640 billion problem nobody can fully explain in one sentence, explained in five minutes By Asad Baig · Lahore · April 2026 · Approx. 5-min read Circular debt in one paragraph Circular debt is the amount of money owed by Pakistan's power se...
Asad Baig
What Is the SBP Retention Rule for IT Exporters in 2026? A direct answer with current percentages, conditions, and what it actually means in practice By Asad Baig · Lahore · May 2026 · Approx. 5-min read The short answer Under the State Bank of Pakistan's October 2023 EPD Circular Letter No. 17, Pa...
Asad Baig
Can a Pakistani IT Company Have a USD Account in 2026? A direct answer to one of the most-asked questions among Pakistani IT founders By Asad Baig · Lahore · May 2026 · Approx. 5-min read The short answer Partially, yes. As of 2026, a PSEB-registered Pakistani IT company can hold up to 50 percent o...
Asad Baig
Why FCY Reform Has Not Happened in 33 Years The political economy of organised winners and atomised losers, and what would change the math By Asad Baig · Lahore · May 2026 · Approx. 9-min read What this cluster post is part of This is one of four cluster posts under the Productive Capital Account:...
Asad Baig
Pakistan Reserves 5-Year Outlook Under PCA Reform Projected indicators in 2031 if the Productive Capital Account framework is adopted By Asad Baig · Lahore · May 2026 · Approx. 9-min read What this cluster post is part of This is one of four cluster posts under the Productive Capital Account: a ref...
Asad Baig
The Five FATF-Compliant Safeguards of the Productive Capital Account Why the PCA design exceeds international anti-money-laundering standards while delivering productive-class banking access By Asad Baig · Lahore · May 2026 · Approx. 9-min read What this cluster post is part of This is one of four...
Asad Baig
PCA Eligibility, Caps, and Mechanics Explained Who can hold a Productive Capital Account, what limits apply, and how the operational framework works By Asad Baig · Lahore · May 2026 · Approx. 9-min read What this cluster post is part of This is one of four cluster posts under the Productive Capital...
Asad Baig
Bangladesh and Pakistan: Two Neighbours, Two FCY Outcomes How a country with comparable constraints built a substantially better foreign currency framework By Asad Baig · Lahore · May 2026 · Approx. 9-min read What this cluster post is part of This is one of four cluster posts under what India, Sin...
Asad Baig