Published in The News on November 10, 2023 KARACHI: Following the crackdown against the illegal exchange market and closing of the gap between interbank and open markets, the workers’ remittances were recorded at $2.5 billion in October making it an increase of 9.6% year-on-year basis, according to the State Bank of Pakistan (SBP) data. “In terms of […]
By Tania Saeed Published in Dawn on November 02, 2023 THE recent decision of the interim government to deport all ‘illegal immigrants’ from Pakistan after Nov 1 has created a humanitarian crisis for refugees and asylum seekers, in particular for Afghan refugees. Going by UN figures, nearly 1.3 million Afghan refugees with Proof of Registration (PoR) cards,[…]
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OctBy Salman Siddiqui Published in Express Tribune on October 11, 2023 KARACHI: The remittances sent home by overseas Pakistanis hit a six-month high at $2.20 billion in September 2023, as expatriate workers increasingly used official channels following a government crackdown on currency smugglers and the illicit Hawala-Hundi traders. The increase in inflows sparked hopes that the current[…]
