15

Jan

Remittances maintain momentum, amount to $2.5bn in December

By Ali Ahmed Published in Business Recorder on January 14, 2022 Remittances from overseas workers increased 3.4% year-on-year, amounting to $2,520 million in December 2021, said the State Bank of Pakistan (SBP) on Friday. With $2.5 billion of inflows during December 2021, remittances continued their strong impetus of remaining above $2 billion since June 2020, added the […]

Give a woman a small loan, a family will eat for a lifetime

By Yusra Salim Published in The Express Tribune on January 02, 2022 KARACHI: There is a quote attribute to rock star activist Bono of U2. “Give a man a fish, he’ll eat for a day,” he says. “Give a woman microcredit, she, her husband, her children and her extended family will eat for a lifetime.” The changing[…]

13

Jan

Doughnut economics

By Sarah Saleh Published in DAWN on January 13, 2022 THROUGHOUT the course of history, numerous economic theories have emerged as a response to global crises. Within capitalism itself, many economic theories have flourished by countering economic problems and restoring equilibrium. For instance, the classical model of economics founded by Adam Smith was perfect for the 19th[…]