Lahore School of Economics

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Pakistan Migration Report 2022

Centre on International Migration, Remittances and Diaspora
    
Dr Murtaza Syed, Acting Governor, State Bank of Pakistan spoke as the Chief Guest at the launch of the Pakistan Migration Report 2022, on June 30, 2022 at the Lahore School of Economics, Burki Campus. The report is second in the series published biennially by the Centre on Migration, Remittances and Diaspora (CIMRAD), Lahore School of Economics. Dr Rashid Amjad, Director Graduate Institute of Development Studies (GIDS) and CIMRAD opened the proceedings of the launch.


According to the report, it is unlikely that the surge in remittances witnessed during 2020 and 2021 will sustain. While the shift in inflows from informal to formal channels and the new initiatives during Covid-19 period were able to increase the average monthly inflows to around USD 2,500 million, the impact of these factors has been diminishing and inflows are slowing down. Deteriorating economic conditions and political environment discourages investment-oriented inflows, the report warns that this aspect demands consideration given the over reliance on these inflows.

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posted by S A J Shirazi @ 7/01/2022 09:02:00 AM,

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