IMF agreement
Editorial, Published in Dawn, February 18, 2021 WITH a staff-level agreement between the government and the IMF staff, Pakistan is now set to re-enter the programme that was suspended in April because of the coronavirus. Although the Fund statement released at the moment carries only broad pointers of what is to come, […]
Gulf population falls 4% amid pandemic-fuelled expat exodus, says S&P
Published in Arabian Business Industries, 15th February, 2021 S&P Global Ratings on Monday said that Gulf Cooperation Council (GCC) countries are experiencing an accelerating shift in the labour market from an exodus of expatriates during the coronavirus pandemic. The ratings agency said this could weigh on the region’s growth and[…]
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FebRemittances exceed $2 billion for eighth straight month
Published in Dawn, February 15, 2021 Remittances from Pakistani workers employed abroad exceeded $2 billion for the eighth straight month in January at $2.3 billion, up 19 per cent from a year earlier, the country’s central bank said on Monday. Sharing the figures on Twitter, Prime Minister Imran Khan thanked overseas Pakistanis.[…]
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FebPower sector challenges
by Sakib Sherani Published in Dawn, February 12th, 2021 PAKISTAN has been gripped by a crippling power crisis since the 1990s. It has intensified since 2007, imposing punishing costs on the country. According to a report released this week by Macro Economic Insights, the power crisis has cost $82 billion[…]
