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PM praises overseas Pakistanis for bringing $2.8b in remittances

by News Desk
May 18, 2021
in Business, Economy, Finance
Reading Time: 1 min read
overseas Pakistanis
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On Tuesday, PM Imran praises overseas Pakistanis for  sending $2.8b in remittances for sending a record $2.8 billion in remittances in April.

“I have always believed Overseas Pakistanis to be our greatest asset,” the premier stated in a Twitter post today.

“In April, your remittances rose to an all-time high of $2.8bn. Remitting $24.2bn in the first 10 months of FY21, you have broken the record level achieved in the entire FY20,” he said and added, “Thank you for your faith in Naya Pakistan.”

The inflow of workers’ remittances into Pakistan hit an eight-month high at $2.72 billion in March 2021 ahead of the start of Ramazan.

The heavy inflows have improved the country’s capacity to make international payments, mainly for imports and foreign debt servicing, and build its foreign currency reserves.

Tags: BuisinessEconomyoverseas PakistanisPM Imran KhanPTIremittances
News Desk

News Desk

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