By Atika Rehman Published in DAWN on October 26, 2022 AS the fog cast by political uncertainty appears to settle with the appointment of Prime Minister Rishi Sunak, one thing is clear: a long winter of financial hardship is on the cards for households across the country. The cost of living crisis has forced around 24 million […]
By Salman Siddiqui Published in The Express Tribune on October 12, 2022 KARACHI: Remittances sent home by overseas Pakistanis slowed down to a four-month low at $2.44 billion in September 2022. The State Bank of Pakistan (SBP) reported on Tuesday that the receipts contracted 10.5% in September 2022 compared to inflows of $2.72 billion in the prior[…]
South Asia Economic Focus | Fall 2022 Coping with Shocks Migration and the Road to Resilience ABOUT In short order, a series of once-in-a-lifetime shocks has hit South Asia. Elevated inflation, balance of payments pressures, a slowdown in the global economy, and monetary tightening in other countries present renewed challenges, while the scars from the COVID[…]