Home / Tag Archives: Remittance

Tag Archives: Remittance

Anticipated economic trend at the forefront

Anticipated economic trend at the forefront

Interview with Mr Ashfaq Yousuf Tola – President, Tola Associates PAKISTAN & GULF ECONOMIST had an exclusive conversation with Mr Ashfaq Yousuf Tola regarding Workers’ Remittances, Tax Revenue Collection, Foreign Direct Investment, Balance of Trade in Goods and Balance of Payment. …

Read More »

Streaming of remittances into Pakistan

Streaming of remittances into Pakistan

As private capital flows have fallen, the International economists reveal that workers’ remittances have become an increasingly prominent source of external funding for various developing states. They have also revealed that international migrants contribute positively to economic growth in their …

Read More »

Review of NBP’s quarterly report

Review of NBP’s quarterly report

Analysis of Quarterly Report of National Bank of Pakistan (NBP) published September 30, 2020 showed that during the Covid-19 pandemic, the Bank’s focus is to sustain its income streams also asset quality, while creating liquidity for its clients so that …

Read More »

Prospects of foreign remittance into Pakistan

Prospects of foreign remittance into Pakistan

Pakistan is one of the major beneficiaries of foreign remittances, whereas the volume of foreign remittances to Pakistan has also increased in recent past. The growth of these flows has outpaced Foreign Direct Investment (FDI) and official development assistance to …

Read More »

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 …

Read More »

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 …

Read More »