22

Jan

Economic turmoil pushes millions of Pakistanis out of middle class

By Mansoor Ahmad Published in The News on January 22, 2025 LAHORE: Pakistan’s middle class has significantly shrunk over the past decade, driven by economic recessions, rampant inflation and poor governance. This decline has coincided with a stark rise in poverty. The economy has been plagued by high inflation, currency devaluation and dwindling foreign reserves, eroding purchasing […]

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20

Jan

No end to migrant tragedies involving Pakistanis: Under-fire FIA uncovers woman-led human smuggling network

By Azaz Syed & Sher Ali Khalti Published in The News on January 19, 2025 LAHORE: Following the Mauritanian boat tragedy, the Federal Investigation Agency (FIA) has uncovered a human-trafficking network in Gujrat involving a woman named Ghulam Fatima and her three sons. The FIA officials arrested Fatima and her one son, Farhan, and completed interrogation, revealing[…]

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10

Jan

Remittances soar 29.3% to $3.1bn in December

Published in The News on January 10, 2025 Pakistan’s remittances totalled $3.1 billion in December, reflecting a 29.3% increase compared to the same month last year, according to central bank data released on Friday. The data from the State Bank of Pakistan (SBP) showed that the remittances had not only recorded a yearly increase but also registered[…]

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