Remittances decline 13.1pc YoY to $1.9bn in January

By Tahir Sherani Published in Dawn on February 13, 2023 Remittances declined for the fifth consecutive month in January, clocking in at $1.9 billion, data shared by the State Bank of Pakistan (SBP) showed on Monday. This equates to a slump of 13.1 per cent compared to last January’s $2.2bn. On a month-on-month basis, remittances decreased by […]

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11

Feb

Reforms required for growth

Published in The Express Tribune on February 11, 2023 KARACHI: Pakistan’s economy is standing at a critical juncture – one where contingencies have long stopped working and long-term structural imbalances need to be addressed. According to a new World Bank report released on Friday, the global lender put forth many crucial policy recommendations including harmonising direct taxes[…]

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09

Feb

Differences with IMF on external needs, power losses persist

Published in The News on February 09, 2023 ISLAMABAD: Differences persist over external financing needs and power sector losses between the International Monetary Fund (IMF) and Pakistani side, delaying handover of the draft memorandum of economic and financial policies (MEFP) to the Pakistan side. The scheduled timeframe for completion of the 9th review is going to end[…]

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