Browsing by Author "Umer Draz"

Now showing 1 - 1 of 1
  • Thumbnail Image
    Item
    Legal implications in remittances critical analysis of the limitations and effects on economy of pakistan
    (UMT.Lahore, 2024) Umer Draz
    This project titled "Legal Implications in Remittances: Critical Analysis of Limitations and Effects on the Economy of Pakistan" aims to explore the legal framework surrounding remittances and its implications on the Pakistani economy. Remittances play a crucial role in Pakistan's economy, contributing significantly to foreign exchange reserves and household incomes. However, various legal and regulatory constraints impact the efficiency and effectiveness of remittance flows. This study will undertake a comprehensive analysis of the existing legal and regulatory framework governing remittances in Pakistan. It will examine the limitations imposed by these laws on both senders and receivers of remittances, considering their economic implications. Additionally, the project will critically evaluate the effects of these legal constraints on key economic indicators such as GDP growth, inflation, and poverty levels. Methodologically, the research will employ a mix of qualitative and quantitative approaches. Qualitative analysis will involve a thorough review of relevant legal documents, policies, and scholarly literature. Quantitative analysis will utilize statistical data to assess the economic impact of remittances under the current legal regime. The findings of this research are expected to provide insights into the effectiveness of existing legal frameworks governing remittances in Pakistan and suggest potential reforms or improvements. Ultimately, the aim is to contribute to the discourse on enhancing the role of remittances in economic development and ensuring their optimal contribution to Pakistan's economy. Keywords: Remittances, Legal Framework, Pakistan Economy, Economic Impact, Regulatory Constraints