Tag: Remittances
FPCCI concerned over country’s falling exports, dwindling remittances
The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has said that declining exports and deteriorating remittances of the country are alarming for...
Country’s remittances down by 36% to $1.32bn in July 2016
Due to the unrest and slowing economies in the Arab countries, Pakistan’s remittances went down by 36 per cent in July 2016 to $1.328...
Workers’ remittances rise 6.38% to $19.9bn in 2015-16
The country received an amount of $19.915 billion in remittances from various countries during the last fiscal year (2015-16), up by 6.38 per cent...
Brexit to reduce remittances and exports, improve foreign investment: ICST
The Islamabad Chamber of Small Traders (ICST) on Thursday said Brexit will reduce remittances and exports but improve foreign investment in Pakistan. Volatile international...
Remittances rise 6.26% to $9.7 bln in first six months of...
The State Bank of Pakistan (SBP) on Monday said that the overseas Pakistani workers’ remitted $9.735 billion in the first six months (July to...
Workers’ remittances rise 7.5% to $8bn in the first five months...
Overseas Pakistani workers remitted $8.098 billion in the first five months (July to November) of 2015-16, showing a growth of 7.57 per cent compared...
Remittances up 13pc to $2.9b in July-Aug
Overseas Pakistanis remitted an amount of $2978.10 million in first two months of current fiscal year (FY15).
This, the central bank said, shows an impressive...
Remittances grow by 14pc to $15.8b in FY14
The Pakistanis working abroad remitted over $15.832 billion during FY14 (July–June) showing a growth of 13.72 per cent when compared with $13.921 billion received...
Overseas remittances register commendable growth in economy: Babar
Managing Director Overseas Pakistani Foundation (OPF) Iftikhar Babar said that overseas worker's remittances registered commendable growth during July-April, 2013-14, growing by 11.5 percent against...
Overseas Pakistanis remit $13.92b in FY13
The Pakistanis working abroad remitted over $13.920 billion during just-concluded last fiscal year ranging from July 2012 to June 2013, according to a State...
Remittances swell to $9.23 billion in first 8 months
Pakistanis working abroad remitted over $9.234 billion during the first eight months of current fiscal year, July–February FY13, reported the central bank Monday.
This, the...
Foreign remittances to hit record in FY 13: Finance Ministry
The Ministry of Finance has claimed that Pakistan will receive a record $14 billion in foreign remittances during ongoing financial year 2012-13 mainly because...
On foreign remittances
Pakistan’s economic crisis will deepen if dual nationality holders are allowed to contest elections for our parliament. The right to represent is different from...
Pakistan forex reserves flat at $16.39 bln
Pakistan's foreign exchange reserves were $16.39 billion in the week ended March 16, unchanged from the previous week, the central bank said on Thursday.
Reserves...
Clinging onto remittances
Relying predominantly on remittances to check deficits is not good policy. It’s not even good prescription. Yet here we stand. There’s been no value...
Remittances show 21.54% increase: SBP
Overseas Pakistani remitted an amount of $7,435.98 million in the first seven months of on going fiscal year2011-12 showing an increase of 21.54 per...
Remittances rise to $6.33b in 1HFY12
Pakistanis working abroad remitted $6.325 billion during first half of current financial year, ranging from July to December 2011-2012. This shows an “impressive” growth...
