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Wednesday May 14, 2025

Covering costs

By News Desk
April 20, 2025
Covering costs

This refers to the letter ‘Remittances utilisation’ (April 18, 2025) by Abbas R Siddiqi. The writer has rightly suggested that the record $4.1 billion in remittances should be used to pay back our costly loans. His suggestion to reduce our dependence on imports to encourage local manufacturing is also logical and important.

However, I would also add that covering or reducing the cost of bureaucratic and political perks and allowances is equally important for improving the economy.

Dr Najeeb A Khan

San Diego

USA