Karachi, September 14, 2022 (PPI-OT):Workers’ remittances recorded an inflow of US$2.7 billion during August 2022. In terms of growth, remittances increased by 7.9 percent on m/m and by 1.5 percent on y/y basis. Remittance inflows during August were mainly sourced...
The post Workers’
Karachi, September 14, 2022 (PPI-OT):Lately, some media reports and representatives of trade organizations have claimed that banks are not opening Letters of Credit (LCs) for essential raw materials including pharmaceuticals. This is contrary to the facts. It is clarified that...
The post No
Karachi, September 14, 2022 (PPI-OT):The State Bank of Pakistan (SBP) has suspended, with immediate effect, the authorization of two Exchange Companies, namely, Swiss International Exchange Company-B (Pvt.) Limited and Great Union Exchange Company-B (Pvt.) Limited for three months due to...
The post State
Islamabad, September 14, 2022 (PPI-OT):At the United Nations, Pakistan has urged Human Rights Council not to remain a passive bystander as India intensifies the suppression of fundamental rights and freedoms of the people of Indian illegally occupied Jammu and Kashmir....
The post Pakistan
Islamabad, September 14, 2022 (PPI-OT):Pakistan’s High Commissioner to Canada, Zaheer Janjua has thanked the Canadian government and people for their generous donations of 25 million dollars and a 3 million matching fund for flood-hit people. Meanwhile, in a statement, Canadian...
The post Canada
Islamabad, September 14, 2022 (PPI-OT):Election Commission of Pakistan has decided to hold by-polls on eight seats of National Assembly on the 16th October instead of earlier announced date of 9th October. A decision to this effect was taken at a...
The post ECP
Islamabad, September 14, 2022 (PPI-OT):Foreign Office Spokesperson Asim Iftikhar says Pakistan’s effectiveness in Anti-Money Laundering and Combating the Financing of Terrorism regime has significantly mitigated risks and threats of money laundering and financing of terrorism. He said this in a...
The post Pakistan’s