11

Mar

Pakistan to miss wheat production target, again

By Mehtab Haider Published in The News on March 11, 2023 ISLAMABAD: Pakistan’s wheat production target is likely to hit by 1.7 million tonnes for the current fiscal year as the Met office has forecast heavy rains for two weeks, starting from the third week of March. Officials said on Friday that wheat production in Punjab is […]

Read Article

11

Mar

Remittances slip to $2bn in February

Published in The News on March 10, 2023 Pakistani workers’ remittances — the money sent home by expatriates — fell 9.5% to $2 billion in February, year-on-year, as economic uncertainties and exchange rate fluctuations prompted people to use illegitimate channels for transactions. The remittances stood at $2.2 billion in the same month of the previous year, according[…]

Read Article

09

Mar

No date given for staff-level agreement with IMF

By Shahbaz Rana Published in The Express Tribune on March 09, 2023 ISLAMABAD: Central bank Governor Jameel Ahmad said on Wednesday that staff-level agreement (SLA) with the International Monetary Fund (IMF) was “close to finalisation” but shied away from giving a date amid his forecast of a reduction in non-debt creating inflows. The head of the State[…]

Read Article