Export diversification

Published in The Express Tribune on February 15, 2022 While we all know that Pakistan has miles to go before it reaches its full trade potential, a recent report has surprised even a few experts by illustrating exactly how far. The Asian Development Bank’s ‘Pakistan’s Economy and Trade in the Age of Global Value Chains’ report says […]

Remittances fall by 5pc in January

By Shahid Iqbal Published in DAWN on February 12, 2022 KARACHI: The remittances being sent by the overseas Pakistanis fell by 5 per cent year-on-year to $2.144 billion in January, showed data released by the State Bank of Pakistan (SBP) on Friday. On month-on-month, the remittances depicted a fall of $376 million or 15pc. The workers’ remittances[…]

‘Pakistan welcomes UN agreement that facilitates safe immigration’

Published in DAWN on February 09, 2022 ISLAMABAD: Estimates suggest that 9.1 million people of Pakistani origin live abroad which makes the country, the sixth largest diaspora in the world. This number accounts for almost 5pc of the country’s population. Taking this into consideration, Pakistan welcomes the Global Compact for Migration (GCM) agreement among United Nations-member states[…]