Remittances up 31pc in July-August

By Shahid Iqbal Published in DAWN on September 15, 2020 KARACHI: Workers’ remittances in the first two months of current fiscal year increased by 31 per cent to $4.863 billion compared to $3.712bn in the same period last fiscal year, data released by the State Bank of Pakistan (SBP) showed on Monday. “Overseas Pakistanis sent $2.95bn in […]



1% economic growth in Q1 forecast

By Shahbaz Rana Published in Express Tribune on August 27, 2020 ISLAMABAD: Pakistan’s economy would expand by around 1% in the first quarter (Q1) of the current fiscal year but remittances would go down to their monthly average of around $2.2 billion, the finance ministry said on Wednesday. The ministry’s monthly Economic Updates and Outlook report for[…]