Joined November 2021
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As the year closes, we want to make a renewed commitment to ensure economic reform work in Pakistan is inclusive, collaborative, and consistent. A look at some of our work in 2024 👇
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'In just four years, 110 million people in Pakistan gained access to banking. Digital infrastructure is live, regulators are engaged & founders are building' These words by IT minister, Shaza Fatima Khawaja, set the tone for the UK–Pakistan Fintech & Digital Finance Roundtable.
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There was strong consensus that the technology largely exists and the right execution environment with regulatory agility, payment interoperability, and sustained collaboration will make things flow.
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REMIT aims to create the right network, followed by policy action to move UK-Pakistan engagement to commercial traction.
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Last week, REMIT presented its Export Development Fund's institutional reform work to the newly appointed EDF Chairman and Board.
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REMIT supported the creation of 13 financing windows, equipping EDF with structured, transparent, and efficient mechanisms to deploy funds. Together, these reforms position EDF to effectively manage and channel PKR 55 billion towards Pakistan’s export development.
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The Chairman and Executive Director appreciated the efforts, recognizing the reforms as a strong foundation for the Fund’s next phase.
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The Minister of Petroleum for Pakistan, Ali Pervaiz Malik, alongside the British High Commissioner, Jane Marriott CMG OBE formally launched a Training and Capacity Building Programme for the Geological Survey of Pakistan.
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As part of this effort, REMIT has partnered with International Geoscience Services (IGS), a UK-based consultancy with extensive global experience in supporting geological survey organisations.
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The programme is designed to enhance the technical capabilities of GSP through hands-on training. It will equip the institution with the tools, and expertise required to independently design and deliver future national surveys aligned with investor-facing international standards.
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This critical capacity building partnership of UK, delivered through the REMIT programme with the @GSPGOVPK of Pakistan will ensure that the sector is investment ready through data, tools and skills needed to meet global standards independently. @AdamSmithInt
The UK is supporting Pakistan to better understand its geological resources. By strengthening scientific capacity to develop maps of rocks and minerals, Pakistan will have improved tools to identify resources, attract investment and turn potential into long-term economic growth.
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The article explains how Pakistan struggles to export complex, high-value products and instead relies on low-value goods. The article is based on a detailed report by REMIT and CDPR on the potential of non- traditional sectors which can be accessed on the following link 👇
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CDPR's latest Insights for Change article is here! Read here: cdpr.org.pk/insights-for-cha…
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#International Women’s Day! Our work across key economic reform areas does not treat gender as a peripheral ideology. Instead, it is grounded in a comprehensive approach that seeks to integrate, empower, & sustain women’s participation at the heart of Pakistan’s economic dev.
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At the National Regulatory Reforms launch, the Prime Minister of Pakistan @CMShehbaz, along with 🇬🇧 minister for development @JennyChapman launched the Regimeter - a dedicated digital platform to monitor & share progress on regulatory reforms.
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She mentioned FCDO's support through the REMIT programme as the requisite strategic partnership for mutual gains. What makes this moment even more meaningful is that it represents the outcome of several years of hard, behind-the-scenes work by the REMIT team -
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a sustained, focused effort to turn reform from aspiration into action. The work continues and reflects persistence and an unwavering commitment to institutional strengthening. Proud to witness Pakistan take another step towards transparency, efficiency & investor confidence.
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