23

Nov

New UK immigration system to be introduced in January

By Shazia Hasan Published in DAWN on November 22, 2020 KARACHI: “From January 1, 2021 we are implementing a new, fairer, global points-based immigration system, which will welcome people to the United Kingdom, who want to work and study based on what they have to offer, rather than where their passport is from.” This was said by […]

21

Nov

SBP warns of forced repatriation of overseas Pakistani workers

By Shahid Iqbal Published in DAWN on November 21, 2020 KARACHI: The State Bank of Pakistan (SBP) has warned over possible forced repatriation of overseas workers that could create grave problems for the economy urging the government to evolve a comprehensive strategy to deal with the situation. “While the short-to-medium-term focus seems appropriate given the abruptness of[…]

13

Nov

October remittances grow 14pc, rising for fifth straight month

By Fayaz Hussain Published in DAWN on November 12, 2020 Remittances during the month of October rose 14.1 per cent year-on-year to $2.3 billion, clocking in above the $2bn mark for the fifth consecutive month, data released by the State Bank of Pakistan showed on Thursday. “Workers’ remittances remained above $2 billion for the fifth consecutive month[…]