12

Feb

Remittances rise slightly in January to $2.4bn

Published in The News on February 12, 2024 KARACHI: Pakistan received $2.4 billion in remittances from its overseas workers in January, up by 0.6% from the previous month, said the State Bank of Pakistan (SBP) in a statement on Monday. “In terms of growth, during January 2024, remittances increased by 0.6% on month-on-month and 26.2% on a year-on-year basis,” said […]

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12

Feb

Govt post-polls: Businesses see IMF, SIFC holding key to better future

By Salman Siddiqui Published in The Express Tribune on February 05, 2024 KARACHI: Pakistan’s progress has long been hindered by political uncertainty, leaving the nation at a critical juncture. However, the upcoming general elections have reignited hope within the business community, anticipating an end to uncertainty and a path towards economic revitalization, regardless of the party or[…]

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12

Feb

Restructuring debt

By Shahid Kardar Published in Dawn on February 07, 2024 THE future servicing of external and domestic debts has become a huge undertaking, having crimped our ability to even fund operational expenditures. The reason for this concern is not just because of the enormity of the task, as shown below, but also because the IMF, which continues[…]

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