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 hockey team not to travel to India over safety, political strains
- 12 hours ago

US State Department begins firing over 1,350 workers in Trump’s shake-up of diplomatic corps
- 11 hours ago

Agent: Bolts' Harris hurt eye in fireworks incident
- 2 hours ago

Djokovic skips practice ahead of Sinner showdown
- 2 hours ago

The best fitness tracker and smartwatch Prime Day deals
- 3 hours ago

Pirates CF Cruz makes 105.2 mph throw to plate
- 2 hours ago

24th death anniversary of Urdu poet Qateel Shifai observed
- 11 hours ago

Nigerian troops kill 150 bandits in major ambush operation
- 9 hours ago

The internet hates Botox and filler — but only when it looks bad
- an hour ago

Aqara’s feature-packed G410 video doorbell is now available
- 3 hours ago

Two seminary students drown in Swat River
- 11 hours ago
Police-Rangers clash in Karachi leaves one dead, one injured
- 9 hours ago