11

Aug

Gulf nations poised to invest billions in Pakistan: US media report

Published in The News on August 11, 2023 ISLAMABAD: Pakistan is negotiating with Gulf nations to bring in billions of dollars of investment, as Islamabad seeks the foreign currency it badly needs to stabilize its economy and the oil-rich monarchies move to diversify their economies and expand their influence, a report in Wall Street Journal said. The […]

11

Aug

Remittances plummet to five-month low in July

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[…]

11

Aug

Rolling back the NFC award

By Khurram Husain Published in Dawn on August 10, 2023 AS the country’s fiscal predicament deteriorates, a line has increasingly been doing the rounds that the 18th Amendment and the NFC award of 2009 are responsible for this situation and need to be rolled back. At the top of the list is the revenue-sharing formula ushered in[…]