Spotlight on SAI Fellow: Imtiaz ul Haq
“The 2014 floods in Pakistan were a haunting demonstration. Hundreds of villages in the northern and eastern parts of the country were flooded, affecting over a million people in all. Many people, including several I knew personally, were unable to send money to their relatives in these villages because they had no means to do so as they relied on informal services, which had broken down. The victims, who desperately needed money for food and shelter, faced great suffering as a result. This left a lasting impression on me and motivated me to study how financial services can help the poor in the face of such aggregate shocks.”