[ad_1] KARACHI: The inflow of workers’ remittances sent by overseas Pakistanis increased by 13% to $2.38 billion in December 2023 as funds were dispatched through official channels following the return of stability in the rupee-dollar parity and the crackdown against illegal currency networks. The improvement in the remittances is expected to fuel the …
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Rs908b added to public debt in Nov | The Express Tribune
[ad_1] ISLAMABAD: The interim government added Rs908 billion to public debt in November alone – the third-highest increase in a single month in this fiscal year, largely due to increased expenditures, pushing its overall debt to Rs63.4 trillion. The State Bank of Pakistan (SBP) reported on Friday that the federal …
Read More »Rupee hits 10-week high against US dollar | The Express Tribune
[ad_1] KARACHI: The Pakistani rupee strengthened to almost Rs281.50 against the US dollar, achieving a 10-week high in the interbank market on Friday. The uptrend continued for the third consecutive working day, with a notable boost in foreign currency inflows contributing to the positive momentum. State Bank of Pakistan (SBP) …
Read More »Delayed import decision led to urea shortage: Solangi | The Express Tribune
[ad_1] LAHORE: In response to the ongoing shortage of fertiliser in Pakistan, Minister for Information, Broadcasting, and Parliamentary Affairs, Murtaza Solangi, highlighted that the delay in the cabinet’s decision to import fertiliser contributed to the current scarcity. He informed the Senate on Friday that the government has recently imported around …
Read More »Health or wealth?: Unaffordable healthcare to crush patients | The Express Tribune
[ad_1] PESHAWAR: Having to choose between enrolling one’s child in school or paying for the successive chemotherapy sessions of an ailing parent is an undeniably poignant situation for any household however, the nightmarish imagining might soon become a familiar reality for many destitute families across Khyber-Pakhtunkhwa (K-P) in the coming …
Read More »Patients denied life-saving treatments | The Express Tribune
[ad_1] PESHAWAR: For household’s struggling to accommodate sustenance, housing, utility bills and children’s education within their limited monthly budgets, healthcare is often neglected and expenditure on treatments is minimal however, when a beloved family member is diagnosed with a life-threatening illness, the unavailability of free of cost treatment can quickly …
Read More »Will Pakistan oscillate between despair and hope this year? | The Express Tribune
[ad_1] ISLAMABAD: As 2023 draws to a close, it has left behind a mix of despair and hope. The economy had teetered on the brink of default but was then propped up with life support. The future of 242 million people now hinges on the anticipation of a return to …
Read More »Maersk to resume operations in Red Sea | The Express Tribune
[ad_1] WASHINGTON: Denmark’s Maersk is preparing to resume shipping operations in the Red Sea and the Gulf of Aden, the company said on Sunday, citing the deployment of a US-led military operation designed to ensure the safety of commerce in the area. The shipping giant paused sending vessels through the …
Read More »Fertiliser shortage grips Sindh during sowing season | The Express Tribune
[ad_1] KARACHI: Distressed growers in Sindh are grappling with a severe shortage of fertilisers, significantly impacting wheat sowing and vegetable cultivation. The scarcity, if not promptly addressed, could escalate into a looming threat to food security, warn dismayed farmers. Growers are urging authorities to take immediate action to ensure the …
Read More »KU conference highlights menace of drugs on campus | The Express Tribune
[ad_1] KARACHI: The University of Karachi’s Institute of Clinical Psychology recently orchestrated a one-day national conference centred on “Substance Use Prevention and Treatment: Bridging the Gap Between Research and Practice” (ICP-NCSUPT-2023). Dr Saad Khalid Niaz, the provincial health minister acknowledged the formidable challenge of stemming the supply of drugs due …
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