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 […]

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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[…]

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06

Mar

Hanging out with Pakistan’s 1%

By Fouzia Nasir Ahmad Published in The Express Tribune on March 05, 2023 KARACHI: Rosita Armytage, a governance specialist, anthropologist and author from Australia recently visited Pakistan to launch her book Big Capital in an Unequal World: The Micro Politics of Wealth in Pakistan, a fascinating insight into Pakistan’s upper crust, and how it maintains its position and[…]

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