Download IPFS In light of unprecedented foreign remittance inflows, Prime Minister Shehbaz Sharif has announced the continuation of the government’s remittance incentive scheme aimed at overseas Pakistanis. With inflows touching a record $38.3 billion, this initiative is being positioned as a cornerstone of Pakistan’s foreign exchange stability. The Prime Minister’s[Read More…]

Download IPFS In a strategic move to strengthen foreign exchange reserves, the federal government has revived its remittance incentive scheme after the country recorded a historic high of $38.3 billion in remittance inflows. The initiative, aimed at encouraging overseas citizens to channel their funds through legal banking channels, is seen[Read More…]

Download IPFS The International Monetary Fund (IMF) has approved a $625 million loan package for Chad as part of a broader strategy to support the country’s ambitious development agenda. With an initial disbursement of $38.5 million already released, the program aims to assist Chad in achieving an annual growth rate[Read More…]

Download IPFS The World Bank has expressed renewed confidence in Pakistan’s economic direction, with a senior official praising the country’s institutional reforms and resilience in the face of long-standing financial challenges. Ousmane Dione, the World Bank’s Regional Vice President for the Middle East, North Africa, Afghanistan, and Pakistan (MENAAP), commended[Read More…]

Download IPFS The government’s review of the Pakistan Bureau of Statistics (PBS) presents a critical chance to rebuild trust in Pakistan’s official data. While the finance minister has shown interest in addressing the agency’s challenges, the Ministry of Planning, under whose jurisdiction the PBS currently operates, should take the lead[Read More…]