Workers’ remittances extended their unprecedented streak of above $2 billion for the 10th consecutive month in March. Remittances rose to $2.7 billion in March 2021, 20 percent higher than last month and 43 percent higher than March 2020. Cumulatively during July-Mar FY 21, remittances have risen to $21.5 billion, up… Continue reading
Workers’ remittances from abroad ticked over US$2bn yet again (9 in a row now), clocking-in at US$2.27bn, up 24% YoY. Cumulatively, remittances now stand at US$18.74bn for 8MFY21, which is an improvement of 24% YoY. On MoM basis, remittances were relatively unchanged, where slight declines from the two largest source… Continue reading
For the 9th consecutive month, workers’ remittances remained above $2 billion in February 2021. Workers’ remittances amounted to $2.266 billion in February 2021, around the same level as the previous month and 24.2 percent higher than in February 2020. During Jul-Feb FY21, workers’ remittances reached $18.7 billion, 24.1 percent higher… Continue reading
KARACHI: Workers’ remittances maintained their strong momentum in November 2020, remaining above US$ 2 billion for a record 6th consecutive month. Workers’ remittances rose to $ 2.34 billion in November, 2.4 percent higher than in October and 28.4 percent higher than last November. During the first five months of FY21,… Continue reading
• Workers’ remittances remained above $ 2.0 billion for the fifth consecutive month in October 2020. • Workers’ remittances amounted to $ 2.3 billion during October 2020, increasing by 14.1 percent compared to October 2019. • During Jul-Oct FY21, workers’ remittances increased to $9.4 billion, recording a growth of 26.5… Continue reading
KARACHI: Workers’ remittances increased by 9% MoM to $2.284 billion in Sep-2020, as against $2.095 billion in Aug-2020. Compared to the same month last year, remittances registered a rise of 31% (Sep-2019: $1.740 billion). This was the fourth consecutive month of remittances crossing the $2 billion mark. On MoM basis,… Continue reading
1. In July, workers’ remittances rose to US $ 2,768.1 million. This is the highest ever level of remittances in a single month in Pakistan. 2. In terms of growth, remittances increased by 36.5 percent over July 2019 (y/y) and 12.2 percent over June 2020 (m/m). Given the impact of… Continue reading
1. The Workers’ Remittances received during July – April FY20 amounted to US $ 18,781.6 million recording an increase US $ 980.6 million or 5.5 percent over remittances received during July – April FY19 (US $ 17,801.0 million). 2. Workers’ remittances during April 2020 amounted to US $ 1,790.0 million… Continue reading
KARACHI: The Workers’ Remittances received during July – March FY20 amounted to $16,991.6 million recording an increase $960.7 million or 6.0 percent over remittances received during July – March FY19 ($16,030.9 million). Workers’ remittances during March 2020 amounted to $1,894.4 million recording an increase of $69.4 million or 3.8 percent… Continue reading
KARACHI: Overseas Pakistani workers remitted $11.394 billion in the first half (July to December) of FY20, showing a growth of 3.31% compared with $11.030 billion received during the same period in the preceding year. During December 2019, the inflow of workers’ remittances amounted to $2.097 billion, which is 15.25% higher… Continue reading
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