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Pakistan's External Debt Dilemma | Center For Global Development

Pakistan’s recent economic history shows why it has been so difficult to service the external debt and why this will continue to be a challenge in the future. First, external debt has not been used to expand public investment for many years now; instead, it has largely supported government consumption. Second, the ability to service the debt has been weakened by poor export performance. And while maintaining external balance has been helped by the growth of remittances, this very growth has also generated pressure on the exchange rate to appreciate, thereby undermining the incentive to export. Third, the pro-consumption bias of the external debt has been exacerbated by the increasing reliance on quick-disbursing funds provided by international financial institutions to promote policy reforms and rebuild international reserves. Fourth, debt terms have been deteriorating for a while as interest rates applicable to Pakistan have risen.

Pakistan , China , United-states , Aziz-khan , Punjab , Japan , Afghanistan , Netherlands , Dutch , Pakistani , Izza-malik , Paris-school-of-economics

Forex spends surge in December after 9-month low

India Business News: Overseas remittances jumped to $2.4 billion in Dec 2023 from a nine-month low of $1.9 billion in Nov. The highest remittance ever was recorded in June

Mumbai , Maharashtra , India , Canada , Ebixcash-world , General-investment-certificate , Business-news , Overseas-remittances , Holiday-season , Forex-spends , December

Remittances to Ho Chi Minh City reach nearly 9.5 billion USD in 2023

The overseas remittances sent to Ho Chi Minh City hit 9.46 billion USD in 2023, up 43.3% compared to 2022, while the earlier estimate was 8.9 billion USD.

Vietnam , Republic-of , United-states , Ho-chi-minh-city , H-chíinh , America , Deputy-director , State-bank , Ho-chi-minh-city- , Overseas-remittances ,

Overseas remittances to HCM City up 35% in 2023

The flow of overseas remittances to Ho Chi Minh City is estimated to reach about 8.92 billion USD in 2023, up 35% year on year, said Deputy Director of the State Bank of Vietnam (SBV)’s Branch in HCM City Nguyen Duc Lenh.

Vietnam , Republic-of , Vietnamese , City-branch , Hcm-city- , Overseas-remittances ,

No TCS On Foreign Money Transfer Upto Rs 7 Lakh, Overseas Credit Card Use (Check Full List Of New TCS Rules) - Trak.in

No TCS On Foreign Money Transfer Upto Rs 7 Lakh, Overseas Credit Card Use (Check Full List Of New TCS Rules) - Trak.in
trak.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trak.in Daily Mail and Mail on Sunday newspapers.

Russell-gaitonde , Tax-collection , Liberalised-remittance-scheme , Overseas-credit-card-use , Check-full-list-of-new , Overseas-tour-packages , Foreign-remittances-unveiled , Overseas-remittances , Finance-act , Deloitte-india ,

Study Reveals South Korea's 'Kimchi Premium' Strongly Linked to International Remittances to China – Bitcoin News

A newly-released study reveals that South Korea's “kimchi premium,” is strongly associated with a surge in international remittances to China.

Malaysia , Philippines , Japan , Thailand , Hong-kong , Brazil , China , Florida , United-states , Incheon , Inch-on-gwangyoksi , South-korea

Overseas remittances forecast to rise 4.4% this year

Despite the current growth rate of overseas remittances to Vietnam being lower than last year, the total amount of remittances to the country is projected to rise by 4.4% this year before increasing by between 3.6% and 4.5% in 2023, according to international organisations.

Vietnam , Republic-of , Ho-chi-minh-city , H-chíinh , Vietnamese , Chi-minh , Ho-chi-minh , Global-knowledge-partnership-on-migration , World-bank , Development-brief , Global-knowledge-partnership , State-bank

Overseas remittances to HCM City reach US$4.78 billion in nine months

The flow of overseas remittances to Ho Chi Minh City stood at an estimated US$4.78 billion during the opening nine months of the year, equal to 68% of the amount recorded in 2021, the State Bank of Vietnam’s branch in the southern city has reported.

Vietnam , Republic-of , Ho-chi-minh-city , H-chíinh , State-bank , Overseas-remittances , Conomic-recovery , Orex-market , Lobal-economic-recession , Igh-inflation ,

Overseas remittances to Vietnam increase as Tet approaches

Overseas remittances to Vietnam increase as Tet approaches
english.vov.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from english.vov.vn Daily Mail and Mail on Sunday newspapers.

Vietnam , Republic-of , Ho-chi-minh-city , H-chíinh , Vietnamese , Dao-minh-tu , Nguyen-hoang-minh , Vietnam-banks-association , Standing-deputy-governor-of-the-state-bank , Standing-deputy-governor , State-bank , Dao-minh