Export diversification

Published in The Express Tribune on February 15, 2022 While we all know that Pakistan has miles to go before it reaches its full trade potential, a recent report has surprised even a few experts by illustrating exactly how far. The Asian Development Bank’s ‘Pakistan’s Economy and Trade in the Age of Global Value Chains’ report says […]

Remittances fall by 5pc in January

By Shahid Iqbal Published in DAWN on February 12, 2022 KARACHI: The remittances being sent by the overseas Pakistanis fell by 5 per cent year-on-year to $2.144 billion in January, showed data released by the State Bank of Pakistan (SBP) on Friday. On month-on-month, the remittances depicted a fall of $376 million or 15pc. The workers’ remittances[…]

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IMF brings climate change under spotlight

Published in Business Recorder on February 08, 2022 A little noticed sub-section of the recent IMF country report is about the effects of climate change on Pakistan. The country is among the top ten worst impacted countries (in terms of damage) over the last two decades. However, Pakistan’ contribution to the global greenhouse gas (GHG) emissions is[…]