remittances

Account Deficit in January

Account Deficit in January: A Cause for Concern The current account posted a deficit of $420 million in January, almost the same as in January 2024. However, the deficit slashed a rising surplus accumulated during the current fiscal year (FY25). Financial market experts see the situation as alarming since the January deficit reflected growing pressure […]

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The Power of Remittances

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The Power of Remittances Remittances have proved to be the most important stabilizing variable for Pakistan’s economy recently. “The Power of Remittances” has been one of the key indicators showing considerable and sustainable progress in recent years. This year, Pakistan’s remittances are expected to reach $35 billion, a milestone that is already being celebrated. It

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