11

Aug

Remittances plummet to five-month low in July

By Salman Siddiqui Published in The Express Tribune on August 11, 2023 KARACHI: Significant setback as the inflow of workers’ remittances from overseas Pakistanis through official channels dropped to a five-month low of $2 billion in July. This decline has raised concerns about Pakistan’s ability to sustain import payments and manage maturing foreign debt obligations. The State […]

11

Jul

Remittances 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 State Bank of Pakistan (SBP) on Monday[…]

03

Jul

Deterring 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 Migrants, 2000, and factors peculiar to Pakistan,[…]