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MayPublished in DAWN on May 18, 2021 Remittances by overseas Pakistani continued to surge, rising to an all-time high of $2.8 billion in April, 56 per cent higher than a year ago, the State Bank of Pakistan (SBP) said on Tuesday. Cumulatively, during the July-April FY21 workers’ remittances rose to an unprecedented level of $24.2bn, up by […]
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MayBy Tahir Amin Published in Business Recorder on May 13, 2021 ISLAMABAD: The World Bank has projected that remittances to South Asia region in 2021 will slow slightly to 3.5 percent due to a moderation of growth in high-income economies and a further expected drop in migration to the GCC countries. In its latest “Migration and Development[…]
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MayBy Rashid Amjad Published in DAWN on May 10, 2021 THE release of the anxiously awaited IMF staff report — completed in early March this year and combining the second to fifth reviews under the Extended Fund Facility to the IMF Board — led to some chilling headlines. ‘Whopping Rs 1.27 tr. hikes in taxes committed to[…]
