Pakistan is approaching insolvency, while exports and remittances in connection with Italy become a lifeline
@FT reports Pakistan's worsening economic situation "Pakistan's rupee collapses rapidly as fears of default intensify." [Pakistan's rupee falls fast as default fears intensify – FT]. A light in the dark: " Exports to Italy and remittances to Pakistan has crossed $2b, mainly in the sectors of food processing, chemicals, construction and leather, recording the highest annual growth ever" [Times Pakistan’s earns $2b from Italy in exports and remittances in FY22 – Daily Times]
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