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Tag Archives: The tale of rising remittances

The tale of rising remittances


February 22, 2021

When the Covid-19 health crisis struck the world forcing countries across the globe into lockdown to slow down the spread of the plague, multilateral lenders had forecast developing nations like Pakistan would see a significant drop in the remittances sent home by their migrant workers, hitting their economies hard. However, such forecasts have proved wrong — at least until now …

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