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FebPublished in The Express Tribune on February 19, 2024 ISLAMBAD: The international credit rating agency Fitch has warned that the close outcome of the Feb 8 general elections and resulting near-term political uncertainty may complicate efforts to secure a financing agreement with the International Monetary Fund. “This looks set to be a coalition of the Pakistan Muslim […]
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FebPublished in The Express Tribune on February 14, 2024 LONDON: Negotiations on a new government in Pakistan have allayed immediate fears of instability in the nuclear-armed nation following inconclusive elections last week, but the risk of a full-scale economic crisis remains. A $3 billion programme from the International Monetary Fund (IMF) runs out next month and securing[…]
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FebPublished in The News on February 12, 2024 KARACHI: Pakistan received $2.4 billion in remittances from its overseas workers in January, up by 0.6% from the previous month, said the State Bank of Pakistan (SBP) in a statement on Monday. “In terms of growth, during January 2024, remittances increased by 0.6% on month-on-month and 26.2% on a year-on-year basis,” said[…]
