IMF urges Pakistan to implement urgent reforms amid regional lag
The International Monetary Fund (IMF) has stressed the urgency of comprehensive reforms in Pakistan, citing the country’s failure to provide a satisfactory standard of living compared to its regional counterparts. The IMF report underscores significant shortcomings in Pakistan’s economic performance, particularly in areas like income per capita, competitiveness, and export
Remittances crucial for Pakistan’s economy: ADB report
The Asian Development Bank (ADB) has recognized remittances as a critical potential pillar for Pakistan’s economy. Moreover, a recent ADB blog report highlights that remittances have become an essential part of Pakistan’s economy, accounting for 10% of the GDP. In addition, the report indicates that remittances to Pakistan surged by
