By Faraz Saeed Published in Daily Times on March 22, 2021 Economists and stock market experts have welcomed State Bank of Pakistan’s (SBP) decision to keep the benchmark interest rate unchanged at 7 percent for the fourth consecutive time, while viewing growth as well-anchored, but warned of inflationary pressure which could upend the central bank’s projections. SBP’s […]
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MarPublished in Arabian Business on March 16, 2021 The largest number of Indian expats returning to the jobs they left last year due to the impact of the coronavirus pandemic has been to the Gulf, according to a senior official. Dr S Jaishankar, India’s External Affairs Minister, told Parliament that this reflects the region’s efficient management of[…]
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MarPublished in DAWN on March 12, 2020 KARACHI: Remittances sent by overseas Pakistanis remained above $2 billion in February for the eighth consecutive month, the State Bank said on Thursday. If June FY20 is also counted, it was the ninth straight month when the country received over $2bn in monthly remittances. The Covid-19 pandemic has positively impacted[…]
