Remittances growth

Published in DAWN on January 18, 2022 THE hefty growth in remittances from Pakistanis living abroad continues to defy forecasts to the contrary. New State Bank data shows that remittances have surged by 11.3pc to an all-time high of $15.8bn in the first half of the present fiscal to December from a year ago. Many anticipate these […]

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Remittances maintain momentum, amount to $2.5bn in December

By Ali Ahmed Published in Business Recorder on January 14, 2022 Remittances from overseas workers increased 3.4% year-on-year, amounting to $2,520 million in December 2021, said the State Bank of Pakistan (SBP) on Friday. With $2.5 billion of inflows during December 2021, remittances continued their strong impetus of remaining above $2 billion since June 2020, added the[…]

Give a woman a small loan, a family will eat for a lifetime

By Yusra Salim Published in The Express Tribune on January 02, 2022 KARACHI: There is a quote attribute to rock star activist Bono of U2. “Give a man a fish, he’ll eat for a day,” he says. “Give a woman microcredit, she, her husband, her children and her extended family will eat for a lifetime.” The changing[…]