Global Remittance Flows in 2021: A Year of Recovery and Surprises

Published in marketscreener on November 17, 2021 KNOMAD and the World Bank have just released our new semi-annual report – Migration and Development Brief 35. It is remarkable to see the recovery in remittance flows in 2021, proving again their reliability as an absolute lifeline for families of migrants back home, especially in times of need. In […]

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Nov

Don’t let IMF, WB give dictation: US economist

By Mehtab Haider Published in The News on November 18, 2021 ISLAMABAD: Renowned visiting US economist Dr Artur B Laffer has said that Pakistan would have to fix its currency against the US dollar and ensure free trade to achieve prosperity and refrain from listening to the advice of the IMF and World Bank. In a keynote[…]

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Nov

Robust remittances reported in October

By Omar Qureshi Published in The Express Tribune on November 14, 2021 KARACHI: The remittances sent home by overseas Pakistanis surged 10.2% in October 2021 to $2.5 billion on a year-on-year (YOY) basis owing to measures taken by the Government and the State Bank of Pakistan (SBP) to encourage the use of formal channels to send money[…]