Pakistan’s remittances have seen a significant surge, reaching nearly $3 billion in August 2024. Remittances Soar to $3 Billion marks a 40.5% increase compared to the same month last year. Key Factors Contributing to the Growth Region-Wise Breakdown Expert Insights Tahir Abbas, Head of Research at Arif Habib Limited (AHL), attributes the growth to increased…
"September 2024" Archives
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In a remarkable turnaround, Pakistan’s inflation rate decreased to 9.6% in August 2024, the lowest level since October 2021. This significant milestone marks the first time in three years that inflation has entered the single-digit range, offering a beacon of hope for a nation long burdened by economic challenges. The Journey from 38% to 9.6%…