13

May

April remittances decrease 29% to $2.2 billion

Published in The News on May 10, 2023 After hitting a seven-month high in March, remittances sent by overseas Pakistanis decreased to $2.21 billion in April — down 29% year-on-year, the State Bank of Pakistan (SBP) shared Wednesday in its monthly bulletin. Last month’s high remittances were because of Ramadan and Eid ul Fitr as well as […]

Migrants, Refugees, and Societies

By Parsi Legend Published in worldbank.org “The priestly leaders of the Parsis were brought before the local ruler, Jadhav Rana, who presented them with a vessel full of milk to signify that the surrounding lands could not possibly accommodate any more people. The Parsi head priest responded by slipping some sugar into the milk to signify how[…]

11

Apr

Remittances in March rise to $2.5bn — highest since August 2022

Published in The News on April 10, 2023 Remittances sent by overseas Pakistani workers, a major source of foreign exchange, rose to a seven-month high of $2.5 billion in March 2023 — an encouraging sign for the cash-strapped country. The State Bank of Pakistan (SBP), in its monthly bulletin, on Monday stated that the inflow of workers’[…]