Tag: #Remittances
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Remittances touch to record $18b in seven months
Lahore: During the first 7 months of FY22, remittances have risen to a record $18 billion, 9.1% higher than the same period last year. At $ 2.14 billion in January 2022, workers’ remittances remained above $2 billion for the 20th consecutive month. Remittances declined by 5% compared to January 2021, partly reflecting an easing…
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Second-highest ever level of remittances reported in July
Lahore: With inflows of $2.71 billion in July 2021, workers’ remittances continued their strong trend, remaining above $2.0 billion for the 14th consecutive month. This is the second-highest ever level of remittances reported in the month of July. In terms of growth, remittances increased by 0.7 percent over previous month and showed a decline…
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Remittances to Roshan Digital Accounts Reach $1.87 billion
Karachi: Remittances sent through Roshan Digital Accounts (RDA) reached $1.87 billion by the end of July, the first month of the current financial year since RDA was launched in September 2020. For the second time, they are at the highest level. According to reports, State Bank released data showing that July received remittances of $30.07…
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Government has repaid record loans, Prime Minister
According to a Baaghi TV report, Prime Minister Imran Khan has said that the biggest problem since coming to power was the fiscal deficit. Prime Minister Imran Khan said, “I especially welcome my cricketers and bankers. Overseas Pakistanis are a major asset of the country, unless the rupee strengthens, the economy will not strengthen. During…
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Worker’s Remittances Surge 16.2% in December
Worker’s remittances have surged by 16.2% in December.
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Workers’ remittances maintain above $ 2 bln level in October
KARACHI, Nov 12 (APP):The workers’ remittances amounted to $ 2.3 billion during October 2020 ; increased by 14.1 percent as compared to October 2019. This was the fifth consecutive month that the remittances figured reached to above dollars 2 billion. During the period of July to October2020, the workers’ remittances increased to $9.4 billion, recording…
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IT & IT Enabled Services Export Remittances Surge in July-September
IT and IT Enabled Services exports remittances surged in the period from July to September.
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Prime Minister announces good news for Pakistan
According to the report of Baaghi TV, Prime Minister Imran Khan has said that despite the corona virus, there is more good news for our economy. Prime Minister Imran Khan tweeted on social networking site Twitter that despite Corona, there is good news for our economy that remittances have reached 2.3 billion last month. وباءکےباوجود…
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Current Account Balance Turns Surplus for Second Consecutive Month
Current Account Balance has turned a surplus for the second consecutive month.
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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…