15

Jan

The coming climate catastrophe

By Shahid Javed Burki Published in Express Tribune on January 15, 2024 If more evidence was needed to point towards the coming climate catastrophe, it came with the release of the report by the Europe-based Copernicus Climate Change Service. Published on January 9, 2024, the report estimated that the Earth’s average temperature in 2023 was 1.48 degrees […]

Economy stable, but challenges persist: IMF

By Anwar Iqbal Published in DAWN on January 13, 2024 WASHINGTON: The IMF Executive Board’s decision to disburse around $700 million to Pakistan reflects a positive review of the country’s economic reform programme. While economic activity has stabilised, challenges persist, contingent on the effective implementation of sound policies. Macroeconomic conditions have shown improvement, with a projected two[…]

11

Jan

Remittances increase to $2.38 billion in December 2023

By Salman Siddiqui Published in Express Tribune on January 10, 2024 KARACHI: The inflow of workers’ remittances sent by overseas Pakistanis increased by 13% to $2.38 billion in December 2023 as funds were dispatched through official channels following the return of stability in the rupee-dollar parity and the crackdown against illegal currency networks. The improvement in the remittances is expected[…]