Press Release of Workers’ Remittances in January 2021

Workers remittances exceeded $ 2.0 billion for the eighth consecutive month and amounted to $2.3 billion in January 2021, up by 19 percent over January 2020. However, remittances remained slightly lower from December 2020 level of $2.4 billion. On cumulative basis, workers’ remittances reached $16.5 billion during Jul-Jan FY21, registering… Continue reading

Workers’ Remittances Maintain Strong Momentum in December 2020

Workers’ remittances maintained their strong momentum for the seventh consecutive month in December. Remittances rose further to $2.4 billion, growing by 16.2 percent on a year-on-year basis and 4.2 percent on a month-on-month basis. On a cumulative basis, workers’ remittances reached an unprecedented level of $14.2 billion during the first… Continue reading

Workers’ Remittances Remain Strong in August

In August, workers’ remittances remained above $2 billion for the third month in a row. They reached $ 2.095 billion, which is 24.4 percent higher than during the same month last year and largely in line with SBP projections. • Over the last three months, remittances reached an unprecedented level… Continue reading

Press Release on Workers Remittances

The Workers’ Remittances received during July – February FY20 amounted to US $ 15,126.5 million recording an increase US $ 770.7 million or 5.4 percent over remittances received during July – February FY19 (US $ 14,355.8 million). Workers’ remittances during February 2020 amounted to US $ 1,824.3 million recording a… Continue reading

Workers’ remittances rise 6.38 percent to $19.9 billion in FY16

KARACHI: Overseas Pakistani workers remitted $19.9 billion in FY16, showing a growth of 6.38 percent compared with $18.719 billion received during FY15. During June 2016, the inflow of workers’ remittances amounted to $2.072 billion. The country wise details for the month of June 2016 show that inflows from Saudi Arabia,… Continue reading

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