Overseas Pakistanis sent $2.4 billion
Karachi: The flow of remittances in Pakistan from foreign countries fell 12.3 per cent in September 2022 on a year-on-year basis to $2.4 billion, owing to high base effect and resumption of post-Covid traveling.
The State Bank of Pakistan (SBP) on Tuesday said the overseas Pakistani workers sent home total remittances of $ 2.4 billion during the month of September.
“In terms of growth, during this month (September 2022) the remittances decreased by 10.5 percent on month-on-month basis and by 12.3 percent on year-on-year basis,” an SBP press release said.
With cumulative inflow of $ 7.7 billion during July-September 2022, the remittances decreased by 6.3 percent as compared to the same period last year, it added.
The SBP said the remittances inflow last month were mainly sourced from Saudi Arabia ($616.6 million), the United Arab Emirates ($474.3 million), the United Kingdom ($307.8 million) and the United States ($268.1 million).
UCL talking points: Madrid, PSG or Italian football -- who is worse off?
- 5 گھنٹے قبل
The Galaxy S26 is a photography nightmare
- 21 گھنٹے قبل
PM takes parliamentary leaders into confidence regarding Pak-Afghan situation
- 19 گھنٹے قبل
The Supreme Court’s Republicans just seized the most dangerous power in constitutional law
- 4 گھنٹے قبل
Iran postpones state funeral for Khamenei: state TV
- 16 گھنٹے قبل
Iran Guards say launched more than 40 missiles at US, Israeli targets
- 19 گھنٹے قبل
The AI industry’s civil war
- 4 گھنٹے قبل
Use of Afghan soil against Pakistan unacceptable: CDF
- 6 گھنٹے قبل
New Zealand beat South Africa to reach T20 World Cup final
- 13 گھنٹے قبل
The Supreme Court appears likely to let stoners own guns
- ایک دن قبل
Do you need to know who you’d be without antidepressants?
- ایک دن قبل
Jeffrey Epstein saw promise in Bitcoin — and its far-right supporters
- 21 گھنٹے قبل
