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SepBy Zafar Bhutta Published in The Express Tribune on September 14, 2024 ISLAMABAD: The State Bank of Pakistan (SBP) has proposed performance-based incentives for banks and exchange companies to encourage higher remittance inflows through formal banking channels. Sources told The Express Tribune that during a recent Economic Coordination Committee (ECC) meeting, the deputy governor of SBP explained […]
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SepBy Rashid Amjad Published in Dawn on September 14, 2024 STRUCTURAL reform is a prerequisite for Pakistan’s sustained economic growth. To put it bluntly, given our population and labour force growth rates, we need to grow at six per cent at a minimum to reduce poverty, unemployment and regional disparities. Yet, whenever we try to do so,[…]
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SepBy Salman Siddiqui Published in The Express Tribune on September 10, 2024 KARACHI: Workers’ remittances sent home by overseas Pakistanis remained strong at nearly $3 billion in August 2024, marking a significant 40.5% increase compared to the same month last year. T his robust growth is attributed to the prolonged stability of the rupee against the dollar[…]
