Remittances fall by 5pc in January

By Shahid Iqbal Published in DAWN on February 12, 2022 KARACHI: The remittances being sent by the overseas Pakistanis fell by 5 per cent year-on-year to $2.144 billion in January, showed data released by the State Bank of Pakistan (SBP) on Friday. On month-on-month, the remittances depicted a fall of $376 million or 15pc. The workers’ remittances […]

‘Pakistan welcomes UN agreement that facilitates safe immigration’

Published in DAWN on February 09, 2022 ISLAMABAD: Estimates suggest that 9.1 million people of Pakistani origin live abroad which makes the country, the sixth largest diaspora in the world. This number accounts for almost 5pc of the country’s population. Taking this into consideration, Pakistan welcomes the Global Compact for Migration (GCM) agreement among United Nations-member states[…]

Remittances growth

Published in DAWN on January 18, 2022 THE hefty growth in remittances from Pakistanis living abroad continues to defy forecasts to the contrary. New State Bank data shows that remittances have surged by 11.3pc to an all-time high of $15.8bn in the first half of the present fiscal to December from a year ago. Many anticipate these[…]