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Saudi Arabia planning to cancel $20bn worth of projects – report

With all these cuts in Saudi government spending, construction is the largest sector that is affected. Some estimate cite as much as 45%. Outgoing remittances will be impacted and the results would clearly be noticeable in the coming quarters. Ministry budgets could be cut by a quarter; some ministries may also be merged or eliminated …

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Pakistan on 8th position with $20.1 billion remittances | Pakistan Today

This is an interesting article that covers the growing remittances of Pakistan well, but fails to mention a couple of things what is contributing this growth. Let’s face it, if you think Pakistan’s human capital export to the Middle East is skyrocketing, you’re sadly mistaken. It is not. Black-to-White. Let’s get the elephant out of the …

Pakistan on 8th position with $20.1 billion remittances | Pakistan Today Read More »

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