26

Nov

SBP allows freelancers to get up to $5,000 in payments

Salman Siddiqui Published in The Express Tribune, November 26th, 2019 KARACHI: The State Bank of Pakistan (SBP) has apparently devised a strategy to receive additional workers’ remittances of at least $1.2 billion per year, as it has allowed freelancers to receive foreign payments of up to $5,000 per individual per month. Earlier, the limit for such inward […]

25

Nov

New industrial policy – do we really need one?

DR MANZOOR AHMAD Published in The Express Tribune, November 25th, 2019 Recently, the State Bank of Pakistan (SBP) in its annual report for fiscal year 2018-19 recommended to the government “to put in place a coherent industrial policy on an immediate priority basis.” Similarly, the Pakistan Business Council asked for “a fresh industrial policy to promote employment,[…]

22

Nov

Pakistan needs to create more jobs: WB

Published in Dawn, November 22nd, 2019 ISLAMABAD: The country’s economy needs to create more jobs by taking advantage of the large influx of a well-educated young labour force, says a new research by the World Bank. The ‘Labour Market Analysis’ using data from a Pakistani online job portal finds that although there is an excess supply of[…]