Business

Remittances of overseas Pakistanis increase

Pakistani workers remitted 2.4 billion dollars in the first month of the new year.

GNN Web Desk
Published 10 months ago on Feb 12th 2024, 11:04 am
By Web Desk
Remittances of overseas Pakistanis increase

Islamabad: An increase has been recorded in the remittances sent by overseas Pakistanis.

According to the statistics released by State Bank of Pakistan (SBP), Pakistani workers remitted 2.4 billion dollars in the first month of the new year. Remittances increased by 26% on an annual basis and 1% on a monthly basis.

The remittances in the first seven months of fiscal year 2024 were 15.83 billion dollars. While, remittances were 16.31 billion dollars first seven months of fiscal year 2023, added SBP.