Tag: #PRI
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Remittances up by 24.4 % to 2.095 bln in August
ISLAMABAD, Sep 14 (APP): The remittances sent by overseas Pakistanis reached to $ 2.095 billion during the month of August 2020, showing 24.4 percent increase over the same month of last year, State Bank of Pakistan (SBP) reported Monday. This is the third month in row when workers’ remittances remained above $2 billion, according to…
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Pakistan Remittance Initiative Allows Remittances from 200 Countries with JS Bank
Press Release, Karachi, June 3, 2020: Launched to facilitate secure, cheap and rapid remittances by overseas Pakistani’s, the Pakistan Remittance Initiative (PRI) is a joint initiative of the State Bank of Pakistan, Ministry of Overseas Pakistanis and Ministry of Finance. Remittances play a crucial role in Pakistan’s economy, providing a much-needed inflow of dollars to…