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 […]
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[…]
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[…]