Published in DAWN on December 26, 2022 WITH the country’s foreign exchange reserves depleting to dangerous levels, all eyes are on the government to see how its negotiations with the IMF pan out. Friday’s pages carried a concerning report on the State Bank’s forex holdings, which stood at just $6.1bn after the week that ended Dec 16. […]
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DecBy Sarfaraz A Khan Published in DAWN on December 19, 2022 KARACHI: It wasn’t long ago when previous finance minister Miftah Ismail went to the IMF in the hope of securing a deal and getting funds that the country desperately needed. A few months later, Pakistan is back in pretty much the same situation. Pakistan’s financial managers[…]
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DecBy Shahid Iqbal Published in DAWN on December 15, 2022 KARACHI: Remittances sent by overseas Pakistanis declined by 14 per cent in November this year. The inflows fell by 9.6 per cent during the first five months of the current fiscal year (FY23). The latest data released by the State Bank on Wednesday showed that the remittances[…]
