12

Sep

Sharp drop in worker remittances

By Salman Siddiqui Published in The Express Tribune on September 12, 2023 KARACHI:  The inflow of workers’ remittances sent home by overseas Pakistanis through official channels remained low at $2.09 billion in August 2023, adding to pressure on the country’s capacity to pay for imports and repay the maturing foreign debt. According to the State Bank of […]

Understanding Pakistan’s Poly-Crisis – And Navigating a Path Forward

By Sakib Sherani INTRODUCTION Pakistan is experiencing severe economic conditions as a result of a confluence of multiple crises. The economy has elevated external financing needs well into the medium term, and requires deep restructuring, both structurally as well as institutionally. Resolving these challenges is necessary for a sustained economic recovery. However, the fact that Pakistan is[…]

08

Sep

Kakar wants five-year economic plan drawn up

By Mehtab Haider & Muhammad Anis Published in The News on September 08, 2023 ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed the Ministry of Planning to prepare a five-year plan and national economic agenda to set a long-term economic direction. The planning ministry was also mandated for the constitution of different working groups to formulate the[…]