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 […]

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Why are remittances falling?

By Mohiuddin Aazim Published in DAWN on November 21, 2022 Remittances continue to decline. In July-October this year, these remittances fell to $9.9 billion, down 8.6 per cent from $10.827bn in July-October last year. If the declining trend continues, total remittances in FY23, ending in June, would remain close to $30bn, lower than the $31bn that flowed[…]

Remittances fall 8.6pc to $9.9bn in July-October

By Our Correspondent Published in The News on November 12, 2022 KARACHI: On Friday, the central bank data showed that remittances from Pakistanis working abroad dropped by 8.6 percent to $9.9 billion in the first four months of the current fiscal year. The country received $10.8 billion in remittances from overseas workers in July–October FY2022. Similarly, in[…]