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NovBy Mohiuddin Aazim Published in DAWN on November 21, 2022 Remittances continue to decline. In July-October this year, these remittances fell to $9.9 billion, down 8.6 per cent from $10.827bn in July-October last year. If the declining trend continues, total remittances in FY23, ending in June, would remain close to $30bn, lower than the $31bn that flowed […]
By Our Correspondent Published in The News on November 12, 2022 KARACHI: On Friday, the central bank data showed that remittances from Pakistanis working abroad dropped by 8.6 percent to $9.9 billion in the first four months of the current fiscal year. The country received $10.8 billion in remittances from overseas workers in July–October FY2022. Similarly, in[…]
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NovBy Rafia Zakaria Published in DAWN on November 02, 2022 IN recent years, as Pakistan has hurtled from one catastrophe to another, remittances sent by Pakistani workers living abroad have been a source of some small amount of stability. When foreign investments have seemed scant and aid packages have dried up, workers sending money back to families,[…]
