PMN-Nawaz government completed its five-year term on 31st May 2018. During its entire regime it has been boosting about putting economy of the country on fast moving trajectory. Its key mantras were overcoming energy crisis, boosting GDP growth rate and …

Migrant remittances can play a critical role in the economic development of low/middle-income countries. Remittances to developing countries are generally seen as an instrument to reduce poverty and inequality, to provide social benefits and multiplier effects, and to act as …

World has turned into a global village as people are more frequently connected with each other for their various needs. Whether its higher education, treatment of patient or payment of immigration fee; Money has always changed hands, and while it …

Analysts reveal that the Pakistan rupee could face additional pressure in the upcoming weeks, in the midst of the country’s chronic foreign currency shortage and speculation of a third currency devaluation. The currency, which has been exposed to growing external …

In a fresh move against money laundering in the country, the State Bank of Pakistan (SBP) has directed money-exchange companies to keep a record of any transaction worth $500 or more. As per the new instructions, exchange companies are required …

Trade and industry stakeholders have warned that an unchecked increase in dollar rate will increase the cost of production, affecting the manufacturing as well as agriculture sectors badly, because the country has to import fertilizers, food items, oil, machinery and …

Ramazan is that time of the year when expatriates send money to their loved ones back home so that they could celebrate the festive occasion of Eidul-Fitr. The boost during the holy month may also help in arriving at the …

The State Bank of Pakistan (SBP) has asked all foreign exchange companies to make sure their business is in compliance with the anti money laundering rules and regulations and in this regards Forex Association of Pakistan (FAP) have come up …

Balochistan government must continue to prioritize the development of social sector in the annual budgets. It is worth mentioning that development of the social sector has been the special focus of the Balochistan budget for the last three years and …

Set to launch saving certificates in US dollars, an attractive opportunity to encourage overseas Pakistanis Central Directorate of National Savings (CDNS) is a top-ranking financial institution offering retail government securities and savings products (known as national savings scheme) to small …