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DecThe tireless efforts of Pakistanis in the international labour force have made the country one of the top recipients of remitted money. But some of Pakistan’s most vulnerable migrant workers in the Gulf are routinely exploited, with many ending up in overcrowded prisons with little consular support. Around 7,000 Pakistanis are currently languishing in Gulf country prisons. […]
Published in DAWN on December 18, 2021 KARACHI: Foreign direct investment (FDI) plunged by 39 per cent month-on-month to $135.6 million in November. However, the inflows grew by 12pc year-on-year to $798m in the first five months of the current fiscal year. The provisional data released by the State Bank of Pakistan on Friday showed that the[…]
By Shahid Iqbal Published in DAWN on December 19, 2021 KARACHI: Hawala operators in Dubai are selling the dollar for Rs187-89 (at a premium of three to four per cent compared to rates in Pakistan), resulting in a decline in the official remittances from Pakistanis working in the United Arab Emirates. In Pakistan, the dollar was[…]
