It is pertinent to examine that while the overseas remittances stood at a record $31 billion in 2022, the foreign direct investments in Pakistan in August 2022 were merely $110 million.
Police opened fire on flood victims, who had gathered in large numbers to receive relief goods, reportedly to disperse them, killing a young man while injuring another in Balochistan.
Fans say they saw a repeat of what happened in the Asia Cup and T20I series against England-collapse of the middle order. Haider Ali, Asif Ali, Khushdil Shah, and Iftikhar Ahmed are repeatedly coming under intense criticism.
Moody’s Investors Service downgraded Pakistan’s credit rating to ‘Caa1’ from ‘B3’ and maintained the outlook at negative. Finance Minister Ishaq Dar has spoken out against the rating.