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By Zafar Bhutta Published in The Express Tribune on September 14, 2024 ISLAMABAD: The State Bank of Pakistan (SBP) has proposed performance-based incentives for banks and exchange companies to encourage higher remittance inflows through formal banking channels. Sources told The Express Tribune that during a recent Economic Coordination Committee (ECC) […]

By Rashid Amjad Published in Dawn on September 14, 2024 STRUCTURAL reform is a prerequisite for Pakistan’s sustained economic growth. To put it bluntly, given our population and labour force growth rates, we need to grow at six per cent at a minimum to reduce poverty, unemployment and regional disparities.[…]

By Salman Siddiqui Published in The Express Tribune on September 10, 2024 KARACHI: Workers’ remittances sent home by overseas Pakistanis remained strong at nearly $3 billion in August 2024, marking a significant 40.5% increase compared to the same month last year. T his robust growth is attributed to the prolonged[…]

By Anwar Iqbal Published in Dawn on September 08, 2024 WASHINGTON: In a sobering analysis of Pakistan’s economic turmoil, Princeton economist Atif Mian has warned that the country is facing an unprecedented financial crisis driven by a complex web of challenges. Mian, a Pakistani American scholar, points to the convergence[…]