Published in DAWN on January 18, 2022 THE hefty growth in remittances from Pakistanis living abroad continues to defy forecasts to the contrary. New State Bank data shows that remittances have surged by 11.3pc to an all-time high of $15.8bn in the first half of the present fiscal to December from a year ago. Many anticipate these […]
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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.[…]
