Published in Dawn, February 15, 2021 Remittances from Pakistani workers employed abroad exceeded $2 billion for the eighth straight month in January at $2.3 billion, up 19 per cent from a year earlier, the country’s central bank said on Monday. Sharing the figures on Twitter, Prime Minister Imran Khan thanked overseas Pakistanis. “This is a record for our country, […]
by Sakib Sherani Published in Dawn, February 12th, 2021 PAKISTAN has been gripped by a crippling power crisis since the 1990s. It has intensified since 2007, imposing punishing costs on the country. According to a report released this week by Macro Economic Insights, the power crisis has cost $82 billion in lost GDP between 2007 and 2020.[…]
By Afshan Subohi Published in Dawn, The Business and Finance Weekly, February 8th, 2021 Pakistan has proven to be unique. She managed to escape the catastrophe and succeeded in orchestrating the economic recovery quicker and at a pace faster than others despite all odds. A closer look, however, unveils some disturbing facts that bring into questions the[…]