KARACHI: Islamic finance can facilitate the transition to sustainable finance as it reduces debt crises and ensures that funds are used for their intended purposes, a central bank official said.
Poor governance hampers economic growth in India, Pakistan and Bangladesh: Analysts Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
The socioeconomic development of India, Pakistan and Bangladesh is being hampered by the prevalence of poor governance and institutional weakness in the three South Asian nations, according to analysts.