26

Jul

Remittance diversity and economic stability

By Dr Mazhar Mughal/Dr Junaid Ahmed Published in The Express Tribune on July 21, 2021 The just-ended financial year (FY21) witnessed a record increase in home remittances, which crossed $29 billion for the first time in the country’s history. The 27% year-on-year growth is the highest the country has seen since FY04. Since the 1970s oil boom, […]

13

Jul

From food surplus to famine?

By Zeba Sathar Published in DAWN on July 08, 2021 ON July 1, Prime Minister Imran Khan absented himself from a high-level national security briefing to address an even more crucial threat facing Pakistan — food insecurity. On some level, it was heartening to see the prime minister focusing on a looming national concern. While focusing on[…]

13

Jul

Remittances soar to all-time high in FY21

By Salman Siddiqui Published in DAWN on July 13, 2021 KARACHI: The amount sent home by overseas Pakistanis in fiscal year 2020-21 registered the fastest growth in past 18 years and rose to an all-time high of $29.4 billion while playing a leading role in boosting country’s foreign currency reserves and improving its capacity to make international[…]