19
JanEconomists Pin More Blame on Tech for Rising Inequality
By Steve Lohr Published in The New York Times on January 11, 2022 Daron Acemoglu, an influential economist at the Massachusetts Institute of Technology, has been making the case against what he describes as “excessive automation.” The economywide payoff of investing in machines and software has been stubbornly elusive. […]
18
JanGrowing financing needs: Pakistan may have to seek new IMF loan
By Mehtab Haider Published in DAWN on January 18, 2022 ISLAMABAD: Pakistan’s gross financing requirements are estimated to go up to $30 billion in the next budget for 2022-23, leaving no other options for the government but to seek a fresh IMF loan after the expiry of the existing programme[…]
Remittances growth
Published in DAWN on January 18, 2022 THE hefty growth in remittances from Pakistanis living abroad continues to defy forecasts to the contrary. New State Bank data shows that remittances have surged by 11.3pc to an all-time high of $15.8bn in the first half of the present fiscal to December[…]
15
JanRemittances maintain momentum, amount to $2.5bn in December
By Ali Ahmed Published in Business Recorder on January 14, 2022 Remittances from overseas workers increased 3.4% year-on-year, amounting to $2,520 million in December 2021, said the State Bank of Pakistan (SBP) on Friday. With $2.5 billion of inflows during December 2021, remittances continued their strong impetus of remaining above[…]
