Remittances exceed $2bn for 12th straight month with highest inflows from Saudi Arabia, UAE
Published in DAWN on June 10, 2021 Remittances from Pakistani workers employed abroad exceeded $2 billion for the 12th month in a row in May 2021, with the State Bank of Pakistan (SBP) crediting “proactive policy measures by the Government and the State Bank of Pakistan encouraging expats to use […]
Record remittances
Published in DAWN on May 21, 2021 REMITTANCES sent home by Pakistanis living and working abroad continue to surge, defying the economic slowdown resulting from the Covid-19 pandemic. State Bank data shows that diaspora remittances jumped by a hefty 29pc to an all-time high of $24.2bn during the 10-month period[…]
Remittances rise to an all-time high of $2.8bn in April
Published in DAWN on May 18, 2021 Remittances by overseas Pakistani continued to surge, rising to an all-time high of $2.8 billion in April, 56 per cent higher than a year ago, the State Bank of Pakistan (SBP) said on Tuesday. Cumulatively, during the July-April FY21 workers’ remittances rose to[…]
WB says remittances to South Asia will slow slightly
By Tahir Amin Published in Business Recorder on May 13, 2021 ISLAMABAD: The World Bank has projected that remittances to South Asia region in 2021 will slow slightly to 3.5 percent due to a moderation of growth in high-income economies and a further expected drop in migration to the GCC[…]