Remittances: not a growth engine

Reliance on such inflows reflects chronic weakness of industrial, agricultural base Maximum limit per person, per calendar year, to buy foreign currency, in the form of cash or outward remittances, will also be reduced from $100,000 to $50,000. photo: file KARACHI: The strong rupee is luring imports, impacting domestic industry competitiveness and hurting exports. For … Read more

The ignored economic fault lines

[ Two experts said that the central bank might signal an increase in the rate in the next monetary policy meeting to be held in May 2021. PHOTO: FILE ISLAMABAD: In the cacophony of Pakistan’s economic discourse, where inflation, debt and International Monetary Fund (IMF) negotiations dominate headlines, some of the most critical issues remain … Read more

Lahore Zoo celebrates World Falconry Day

LAHORE: World Falconry Day was observed by Lahore Zoo by hosting a special exhibition highlighting various species of falcons and their ecological importance. A large number of visitors, including children, students, and families, were briefed on falcon identification, natural habitats, and feeding patterns, with an emphasis on understanding the cultural and environmental value of these … Read more

Getting our priorities right

. The writer is a public health specialist who works for the Population Council Islamabad In recent weeks, Islamabad has witnessed a flurry of activity with the inauguration of flyovers and underpasses aimed at easing traffic congestion and improving mobility across a rapidly expanding city — a trend mirrored in other major provincial cities. These projects … Read more

Netanyahu faces far-right backlash after US-backed statement on Palestinian state

Trump’s plan says PA reforms could open a credible path to Palestinian self-rule and eventual statehood Netanyahu spoke after the US and Muslim-majority nations backed a UN draft supporting Trump’s Gaza peace plan. PHOTO: REUTERS Prime Minister Benjamin Netanyahu said on Sunday Israel remained opposed to a Palestinian state after protests by far-right coalition allies … Read more