12

Aug

ECC okays Rs13.1b subsidy to retain inflows

By Shahbaz Rana Published in DAWN on August 12, 2021 ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday approved a subsidy of Rs13.1 billion for retaining the inflows of foreign remittances at their existing level — $29.4 billion annually — amid ambiguity over an incremental increase in the amount. The government has also made[…]

12

Aug

Remittances jump to $2.71b in July

By Salman Siddiqui Published in DAWN on August 11, 2021 KARACHI: Pakistan has received the third largest workers’ remittances amounting to $2.71 billion in July, the first month of current fiscal year, making the much-needed finances available to pay for increasing imports which is a must to achieve the planned higher economic growth. This was the sixth[…]