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A sharp rise in Gulf remittances helped Pakistan reach an all-time high of $38.3 billion in remittances during FY25, according to central bank data released on Tuesday. This inflow, exceeding the $7 billion IMF loan program, played a key role in stabilizing the country’s economy and boosting foreign exchange reserves. Highest Remittance Inflow in Pakistan’s …
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In a bid to preserve regional peace, Prime Minister Shehbaz Sharif has asked Saudi Arabia, the UAE, and Kuwait to help mediate rising tensions with India. The move follows New Delhi’s accusations that Islamabad backed a deadly April 22 attack in Indian-administered Kashmir, which killed 26 tourists. Pakistan has denied the claims and called for …
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