At least 28 Pakistanis die in boat wreck off Italy

Published in The News on February 26, 2023 ROME: At least 28 Pakistanis among 59 migrants died after their overloaded boat sank early on Sunday in stormy seas off Italy’s southern Calabria region, officials said. “As of a few minutes ago, the number of confirmed victims was 59,” Vincenzo Voce, mayor of the coastal city of Crotone, […]

Remittances decline 13.1pc YoY to $1.9bn in January

By Tahir Sherani Published in Dawn on February 13, 2023 Remittances declined for the fifth consecutive month in January, clocking in at $1.9 billion, data shared by the State Bank of Pakistan (SBP) showed on Monday. This equates to a slump of 13.1 per cent compared to last January’s $2.2bn. On a month-on-month basis, remittances decreased by[…]

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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,[…]