CIMRAD

By Salman Siddiqui Published in The Express Tribune on September 12, 2023 KARACHI:  The inflow of workers’ remittances sent home by overseas Pakistanis through official channels remained low at $2.09 billion in August 2023, adding to pressure on the country’s capacity to pay for imports and repay the maturing foreign debt. According to the State Bank of […]

By Salman Siddiqui Published in The Express Tribune on August 13, 2023 KARACHI: The cumulative foreign currency inflows channelled through Roshan Digital Accounts (RDAs) by overseas Pakistanis have exceeded a remarkable milestone of $6.5 billion. Accompanying this feat is a total of over 600,000 accounts established through online banking over the course of the past 35 months,[…]

By Salman Siddiqui Published in The Express Tribune on August 11, 2023 KARACHI: Significant setback as the inflow of workers’ remittances from overseas Pakistanis through official channels dropped to a five-month low of $2 billion in July. This decline has raised concerns about Pakistan’s ability to sustain import payments and manage maturing foreign debt obligations. The State[…]