Record remittances
Published in DAWN on May 21, 2021 REMITTANCES sent home by Pakistanis living and working abroad continue to surge, defying the economic slowdown resulting from the Covid-19 pandemic. State Bank data shows that diaspora remittances jumped by a hefty 29pc to an all-time high of $24.2bn during the 10-month period […]
19
MayRemittances rise to an all-time high of $2.8bn in April
Published in DAWN on May 18, 2021 Remittances by overseas Pakistani continued to surge, rising to an all-time high of $2.8 billion in April, 56 per cent higher than a year ago, the State Bank of Pakistan (SBP) said on Tuesday. Cumulatively, during the July-April FY21 workers’ remittances rose to[…]
17
MayWB says remittances to South Asia will slow slightly
By Tahir Amin Published in Business Recorder on May 13, 2021 ISLAMABAD: The World Bank has projected that remittances to South Asia region in 2021 will slow slightly to 3.5 percent due to a moderation of growth in high-income economies and a further expected drop in migration to the GCC[…]
17
MaySequencing IMF reforms
By Rashid Amjad Published in DAWN on May 10, 2021 THE release of the anxiously awaited IMF staff report — completed in early March this year and combining the second to fifth reviews under the Extended Fund Facility to the IMF Board — led to some chilling headlines. ‘Whopping Rs[…]
