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Remittances increase to $2.38 billion in December 2023

By Salman Siddiqui Published in Express Tribune on January 10, 2024 KARACHI: The inflow of workers’ remittances sent by overseas Pakistanis increased by 13% to $2.38 billion in December 2023 as funds were dispatched through official channels following the return of stability in the rupee-dollar parity and the crackdown against illegal currency networks. The improvement in the remittances is expected […]

Economic turnaround moment?

By Najy Benhassine | Martin Raiser Published in DAWN on January 03, 2024 AFTER a commendable long period of uninterrupted decline in poverty rates, Pakistan’s economy is now facing one of its worst crises. Poor policy choices, combined with a series of shocks — Covid 19, the 2022 catastrophic floods and adverse global conditions — caused growth[…]