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Tag Archives: COVID-19

Pakistan receives record remittances during fy20

Pakistan receives record remittances during fy20

During FY20 Pakistan received record remittances. On a cumulative basis, workers’ remittances increased to a historic high level of US$23.120 billion during FY20 as compared to US$21.739 billion received in FY19, witnessing a growth of 6.4% over Despite economic slowdown …

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Likely steps to keep remittances flowing

Likely steps to keep remittances flowing

According to a recent World Bank report, remittances to low and middle-income countries are projected to fall by nearly 20 percent. In order to prevent further damage, the government must do everything to keep remittances flowing in times of COVID-19 …

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Significant amount of remittances in July

Significant amount of remittances in July

International experts revealed that falling remittances may affect sovereign ratings by external finances and economic growth. Remittances are a key source of foreign currency receipts. As a consequence, lower remittances would most likely widen current account deficits, contributing to higher …

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Outdoor Equipment Sales Soar

Infographics

People are spending more time outdoors thanks to COVID-19 indoor restrictions. New data shows what people are spending their money on for outdoor activities. In data collected by the NPD group, cycling-related sales are seeing one of the largest upticks in the …

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