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, […]

09

Jan

Pitfalls of import substitution

By DR MANZOOR AHMAD Published in DAWN on January 09, 2023 ISLAMABAD: The National Security Committee (NSC) has recently decided, among other things, that import substitution should be the first step in strengthening the economy. Since none of the NSC members is an economist, they will not have realised that import substitution policies always result in adding[…]

06

Jan

Increase IT exports to $15b by 2026: PM

Published in The Express Tribune on January 06, 2023 ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said that the country’s IT exports are not up to par, and directed the concerned authorities to take practical steps to enhance Pakistan’s IT exports from the current $2.6 billion to $15 billion within the next three years. “Pakistan has a[…]