31

Mar

Pakistanis among Gulf migrant workers fearing virus limbo

Published in Dawn, March 31st, 2020 DOHA: Millions of migrant workers across the Gulf face uncertainty as host countries announce lockdowns, employers withhold wages or mull redundancies, and strict coronavirus containment measures lead to deportations and confinement. “We’ve been in lockdown for the last eight to 10 days, we don’t know when it will end,” said a […]

Govt expects remittances to exceed $22bln in FY2020

Published in The News on March 12, 2020 ISLAMABAD: Government is eyeing more than $22 billion in remittances during the current fiscal year of 2019/20 as growing emigration of workforce is expected to offset a potential slowdown in gulf economies due to oil fall. The finance ministry on Wednesday said remittances reached to $15.1 billion in the[…]

05

Mar

ECC approves incentives worth Rs9.6bln to propel remittances

By Mehtab Haider Published in The News on March 05, 2020 ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday approved Rs9.6 billion worth of incentives for banks, foreign exchange companies and remitters to fuel fast pace of remittances in the remaining months of the current fiscal year. The ECC approved the technical supplementary grant[…]