16

Feb

How bad is country’s debt crisis and can the IMF save it?

Published in The Express Tribune on February 14, 2024 LONDON: Negotiations on a new government in Pakistan have allayed immediate fears of instability in the nuclear-armed nation following inconclusive elections last week, but the risk of a full-scale economic crisis remains. A $3 billion programme from the International Monetary Fund (IMF) runs out next month and securing […]

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12

Feb

Remittances rise slightly in January to $2.4bn

Published in The News on February 12, 2024 KARACHI: Pakistan received $2.4 billion in remittances from its overseas workers in January, up by 0.6% from the previous month, said the State Bank of Pakistan (SBP) in a statement on Monday. “In terms of growth, during January 2024, remittances increased by 0.6% on month-on-month and 26.2% on a year-on-year basis,” said[…]

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12

Feb

Govt post-polls: Businesses see IMF, SIFC holding key to better future

By Salman Siddiqui Published in The Express Tribune on February 05, 2024 KARACHI: Pakistan’s progress has long been hindered by political uncertainty, leaving the nation at a critical juncture. However, the upcoming general elections have reignited hope within the business community, anticipating an end to uncertainty and a path towards economic revitalization, regardless of the party or[…]

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