Remittances drop to 31-month low at $2.04b

By Salman Siddiqui Published in The Express Tribune on January 14, 2023 KARACHI: The inflows of workers’ remittances sent home by overseas Pakistanis have continued to slow down, plunging to a 31-month low at $2 billion in December 2022. The straight drop in the inflows for the fourth consecutive month has further hit the country’s forex reserves, […]



Remittances decline 14pc in November

By Shahid Iqbal Published in DAWN on December 15, 2022 KARACHI: Remittances sent by overseas Pakistanis declined by 14 per cent in November this year. The inflows fell by 9.6 per cent during the first five months of the current fiscal year (FY23). The latest data released by the State Bank on Wednesday showed that the remittances[…]

Country’s brain drain situation accelerated in 2022

By Waqas Ahmed Published in The Express Tribune on December 12, 2022 ISLAMABAD: Pakistan’s brain drain situation has aggravated this year, as more than 750,000 educated youth chose to seek employment overseas mainly because of uncertain economic and political situation amid a shrinking job opportunities in the country. According to documents available to The Express Tribune, 765,000[…]