PBA Strongly Refutes Misleading Claims on Remittance Subsidies Pakistan’s banks continue to offer competitive FX rates despite incurring losses, solely to preserve formal flows.
2025-07-02
PBA Strongly Refutes Misleading Claims on Remittance Subsidies KARACHI ( WEB NEWS ) The Pakistan Banks Association (PBA) strongly rejects misleading assertions in recent press coverage suggesting that government subsidies to banks under remittance incentive schemes serve no economic purpose. Such narratives dangerously undermine public confidence at a time whenRead More →