Posts tagged as: remittances

Pakistan’s forex reserves witness marginal improvement

Pakistan’s forex reserves witness marginal improvement Karachi: (Thursday, February 02, 2012) In the week ending on January 27, Pakistan’s foreign exchange reserves witnessed a marginal improvement as from $ 16.80 billion in the previous week; they have reached to $ 16.87 billion, reported State Bank of Pakistan today. Lately, the highest level forex reserves maintained […]

Textile exports drop by 14 per cent in October

Textile exports drop by 14 per cent in October Textile and clothing exports of Pakistan have suffered a significant decline in the past one year, falling by 14 per cent as compared to the figures of last October. The fall of one of the major exports of the country has sent waves of fears to […]

Brain drain versus the remittances that flow into the economy of the country

The venom of brain drain has existed in our country longer than the tenure of any government till yet. There are certain justifications to it but anyone at all with a little sense would know that the long term impact is adverse and we have even fallen victim of it now. For the majority of […]

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