$8.3bn in remittances, exports lost in FY23
By Shahid Iqbal Published in Dawn on July 16, 2023 KARACHI: Pakistan suffered a massive $8.3 billion loss due to significant declines in remittances and exports during the outgoing fiscal year as the PMLN-led coalition government preferred appeasing the International Monetary Fund for a $1.2bn tranche. Pakistan lost much more […]
11
JulRemittances contract 14pc to little over $27bn in FY23
By Shahid Iqbal Published in Dawn on July 11, 2023 KARACHI: Pakistan lost over $4 billion in remittances sent by overseas Pakistan in FY23, much higher than the amount the PMLN-led coalition struggled to secure from the International Monetary Fund (IMF) during the outgoing fiscal year. Data issued by the[…]
07
JulPost-Fund deal
By Rashid Amjad Published in Dawn on July 04, 2023 THE euphoria that greeted the IMF Staff-Level Agreement on a new nine-month Stand-by Arrangement (SBA) of $3 billion was understandable. The economy was facing near-certain default and was in the midst of a deep slump, with little or no growth[…]
03
JulDeterring migrant smuggling
By Tariq Khosa Published in Dawn on July 03, 2023 THE recent drowning of some 300 Pakistanis off the Greek coast, in their attempt to illegally reach Italy, is a national tragedy. This was the third such major incident since February. Keeping in view the UN Protocol against Smuggling of[…]
