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Remittances

Pakistan’s remittances in October rise 10pc to $2.5bn

KARACHI: Pakistan’s remittance continued to rise after about $2.5 billion were deposited in October, showing a Year on Year (YoY) increase of over 10 percent. State Bank of Pakistan (SBP), in a tweet on Sunday, said that cumulatively, the remittances

PM thanks overseas Pakistanis for record remittances

ISLAMABAD: Prime Minister Imran Khan thanked overseas Pakistan for sending remittances back of over $2 billion since the past ten months of the fiscal year. The prime minister took to twitter and shared data of remittances Pakistanis working outside their

Worker’s remittances surge 24.2% in February

ISLAMABAD: The worker’s remittances from abroad remained above $2 billion in February 2021 for the ninth consecutive month of the fiscal year. According to State Bank of Pakistan (SBP), the remittances dispatched by overseas Pakistanis surged by 24.2 percent to

Remittances remain above $2bn for fifth consecutive month

KARACHI: The remittances from overseas workers in the country remained above $2 billion for the fifth consecutive month. The State Bank of Pakistan (SBP) has said that remittances from overseas Pakistanis reached $2.3 billion in October 2020 and have increased

Remittances increase to record $7.1 billion: SBP

KARACHI: The State Bank of Pakistan (SBP) on Monday stated that remittances reached a record level of $7.1 billion in the third quarter of the current financial year. The State Bank of Pakistan said in a statement that remittances from

Remittances increased to record monthly high in July: SBP

KARACHI: The State Bank of Pakistan on Monday revealed remittances from overseas Pakistanis increased to record monthly high in July 2020. According to the central bank, remittances in July rose to $2,768.1 million, which is the highest ever level of

UN chief calls for supporting migrants as remittances drop

NEW YORK: United Nations Secretary-General Antonio Guterres has called for supporting migrants as the World Bank projected that remittances will fall by about 20 percent due to the coronavirus-induced economic crisis. Marking the International Day of Family Remittances, which is