KARACHI: Remittances have been increasing with an average of over 14 percent in the current fiscal bringing a total $11.75bn home in July-February eight-month period of 2014-15.
However, the remittances failed to bring the current account into surplus. Analysts believe that February could be a turning point for the current account deficit. This was also a point of concern for the government that despite very high inflows of remittances the current account remained there with negative figures.
ISLAMABAD: The Competition Commission of Pakistan (CCP) here on Tuesday approved the proposed acquisition of the entire shareholding of BASF...
ISLAMABAD: The National Assembly’s Standing Committee on Finance has approved an increase in vehicle token tax rates in Islamabad, marking...
ISLAMABAD: The federal government has reduced the price of kerosene oil following a series of cuts in petrol and diesel...
SUKKUR: A World Bank Implementation Support Mission on Wednesday visited the Sukkur Barrage Rehabilitation Project to assess on-ground progress and...
