By Shahram Haq Published in The Express Tribune on May 28, 2023 LAHORE: Foreign remittance service providers have voiced optimism that Pakistan’s remittances can surpass $50 billion per annum, if authorities restrain the black market, which they believe constitutes nearly 80% of the total market. They point out the black market or illegal ways of sending remittances, […]
Published in The News on May 10, 2023 After hitting a seven-month high in March, remittances sent by overseas Pakistanis decreased to $2.21 billion in April — down 29% year-on-year, the State Bank of Pakistan (SBP) shared Wednesday in its monthly bulletin. Last month’s high remittances were because of Ramadan and Eid ul Fitr as well as[…]
By Parsi Legend Published in worldbank.org “The priestly leaders of the Parsis were brought before the local ruler, Jadhav Rana, who presented them with a vessel full of milk to signify that the surrounding lands could not possibly accommodate any more people. The Parsi head priest responded by slipping some sugar into the milk to signify how[…]