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Dec

REMITTING LIVES AND DEATHS

The tireless efforts of Pakistanis in the international labour force have made the country one of the top recipients of remitted money. But some of Pakistan’s most vulnerable migrant workers in the Gulf are routinely exploited, with many ending up in overcrowded prisons with little consular support. Around 7,000 Pakistanis are currently languishing in Gulf country prisons. […]

Alarm over rupee devaluation in Dubai

  By Shahid Iqbal Published in DAWN on December 19, 2021 KARACHI: Hawala operators in Dubai are selling the dollar for Rs187-89 (at a premium of three to four per cent compared to rates in Pakistan), resulting in a decline in the official remittances from Pakistanis working in the United Arab Emirates. In Pakistan, the dollar was[…]

Remittances rise 10pc to $13bn in five months

By Shahid Iqbal Published in Dawn, December 14, 2021 KARACHI: Remi­ttances sent by overseas Pakistani workers fell 6.6 per cent on a month-on-month basis in November but grew by almost 10pc in the first five months of the current fiscal year. The State Bank of Pakistan (SBP) data issued on Monday showed that the inflow of remittances[…]