Food security in danger

By Shafqat Kakakhel Published in The News on January 18, 2023 As defined by the World Food Summit (1996), “food security exists when all people, at all times, have physical and economic access to sufficient, safe and nutritious food that meets their dietary needs and food preferences for an active and healthy life.” The UN Food and […]

16

Jan

Finance: The deepening forex crisis

By Mohiuddin Aazim Published in DAWN on January 16, 2023 Pakistan remained in the grip of the foreign exchange crisis in 2022. Now, at the beginning of 2023, the situation has deepened further. On January 6, forex reserves held by the State Bank of Pakistan (SBP) plunged to $4.343 billion, enough to cover just three weeks of[…]

14

Jan

Remittances drop to 31-month low at $2.04b

By Salman Siddiqui Published in The Express Tribune on January 14, 2023 KARACHI: The inflows of workers’ remittances sent home by overseas Pakistanis have continued to slow down, plunging to a 31-month low at $2 billion in December 2022. The straight drop in the inflows for the fourth consecutive month has further hit the country’s forex reserves,[…]