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 formal channels for their transactions” for the […]
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 between July and April of the ongoing[…]
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 an unprecedented level of $24.2bn, up by[…]