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Pakistan, Kuwait Pledge Enhanced Bilateral Cooperation Following High-Level Talks

Pakistan, Kuwait Pledge Enhanced Bilateral Cooperation Following High-Level Talks

Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar held a telephonic conversation with Kuwaiti Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah, during which the two leaders reaffirmed their commitment to strengthening Pakistan-Kuwait bilateral relations and deepening cooperation across key sectors . The discussion covered a wide range of mutual interests, including trade, energy, investment,…

Pakistan Receives $3.63 Billion in Remittances in July, Up 13% Year-on-Year

Pakistan Receives $3.63 Billion in Remittances in July, Up 13% Year-on-Year

Overseas Pakistanis sent $3.631 billion in remittances during July 2026, marking a robust 13% year-on-year increase and a 4.5% month-on-month rise, according to data released by the State Bank of Pakistan (SBP) . The strong inflows underscore the continued and growing contribution of the Pakistani diaspora to the national economy, providing crucial support to the country’s…

Bank of Punjab Chief Calls for Shift from Conventional GDP to 'Welfare GDP' to Address Pakistan's Economic Challenges

Bank of Punjab Chief Calls for Shift from Conventional GDP to ‘Welfare GDP’ to Address Pakistan’s Economic Challenges

Zafar Masud, President and CEO of the Bank of Punjab, has called for a fundamental shift from conventional Gross Domestic Product (GDP) to a comprehensive ‘Welfare GDP’ measure, arguing that current growth figures fail to capture the lived economic realities of ordinary citizens . Delivering a lecture titled “Measuring Welfare-GDP Beyond Arithmetic” at the Islamabad Policy…