State Bank of Pakistan reserves hit all-time high of $20.15b
Published in The Express Tribune on September 03, 2021 KARACHI: The foreign exchange reserves held by the central bank surged 14.6% on a weekly basis, hitting an all-time high of $20.15 billion, according to data released by the State Bank of Pakistan (SBP) on Thursday. On August 27, the foreign […]
Points earned through remittances to be redeemed in cash
By Khaleeq Kiani Published in Dawn on August 30, 2021 ISLAMABAD: The government has decided to allow redemption in cash of reward points earned by overseas Pakistanis for sending remittances back home through official channels under the National Remittance Loyalty Programme (NRLP) to be launched on Oct 1. The decision[…]
Bangladesh: Growth Miracle or Mirage?
By Shahid Yusuf Published in center for Global Development on June 16, 2021 Among South Asian economies, Bangladesh is touted as a rising star. In 2019, its per capita income was $1,856—substantially higher than Pakistan’s $1,285 and only $250 less than that of India. In 2020, Bangladesh might have edged[…]
Independence and Inter-Dependence
By Javed Jabbar Published in DAWN on August 15, 2021 INDEPENDENCE and Inter-Dependence are co-existential and complementary. The one does not denude the other. The two are also inter-twined. Yet Independence fosters notions of optimal self-will. These notions are real, but self-will has limited scope for practical expression. In contrast,[…]