By Shahid Iqbal Published in Dawn on July 11, 2023 KARACHI: Pakistan lost over $4 billion in remittances sent by overseas Pakistan in FY23, much higher than the amount the PMLN-led coalition struggled to secure from the International Monetary Fund (IMF) during the outgoing fiscal year. Data issued by the State Bank of Pakistan (SBP) on Monday […]
By Rashid Amjad Published in Dawn on July 04, 2023 THE euphoria that greeted the IMF Staff-Level Agreement on a new nine-month Stand-by Arrangement (SBA) of $3 billion was understandable. The economy was facing near-certain default and was in the midst of a deep slump, with little or no growth last financial year. This was accompanied by[…]
By Tariq Khosa Published in Dawn on July 03, 2023 THE recent drowning of some 300 Pakistanis off the Greek coast, in their attempt to illegally reach Italy, is a national tragedy. This was the third such major incident since February. Keeping in view the UN Protocol against Smuggling of Migrants, 2000, and factors peculiar to Pakistan,[…]