Workers’ remittances rise 28.8% to $34.89 billion in the first 11 months of the fiscal year


(Web Desk): Workers' remittances in May were 16% higher compared to April, according to the State Bank of Pakistan.
The central bank reported that Pakistanis residing in Saudi Arabia sent a record $913.9 million in May, while $754.2 million came from the United Arab Emirates.
During the first 11 months of the current fiscal year, total workers’ remittances reached $34.89 billion, which is a 28.8% increase compared to the same period of the previous fiscal year.
From Saudi Arabia, remittances amounted to $8.52 billion over the 11-month period, while $7.11 billion was sent from the UAE during July to May.
Additionally, $5.36 billion was received from the United Kingdom, $3.43 billion from the United States, and $4.1 billion from the European Union during the same period.
Pakistan stands with Iran against Israeli aggression: PM Shehbaz
- 12 hours ago

Dodgers desperately need Shohei Ohtani's arm, but his bat will do -- for now
- 20 hours ago

Israel military says ‘currently’ launching attacks on several sites in Iran
- 16 hours ago

Khamenei appoints Maj Gen Amir Hatami Iran's new army chief
- 21 hours ago

Taboola’s clickbaity chumbox is evolving into an AI chatbot
- 8 hours ago

South Africa thrash Australia by five wickets to win World Test Championship
- 19 hours ago

Brigadier General Seyyed Majid Mousavi appointed new commander of IRGC Aerospace Force
- a day ago

Meta inks a new geothermal energy deal to support AI
- 8 hours ago

Magnitude of 4.9 quake jolts Gwadar, suburban areas
- 16 hours ago
Youth is not tomorrow, it is now
- 9 hours ago

Trump’s military parade is a warning
- 6 hours ago
Israel and Iran strike at each other in new wave of attacks
- 9 hours ago