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JanBy Ali Ahmed Published in Business Recorder on January 14, 2022 Remittances from overseas workers increased 3.4% year-on-year, amounting to $2,520 million in December 2021, said the State Bank of Pakistan (SBP) on Friday. With $2.5 billion of inflows during December 2021, remittances continued their strong impetus of remaining above $2 billion since June 2020, added the […]
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DecThe 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.[…]
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[…]
