Overseas Pakistanis send remittances over $2bn for seventh month running
Remittances from overseas Pakistanis during December 2020 rose by 16.2 per cent year-on-year to $2.436 billion, compared to $2.097bn in December 2019, clocking in above $2bn mark for the seventh consecutive month, according to the latest data released by the State Bank of Pakistan (SBP) on Friday
Remittances from overseas Pakistanis during December 2020 rose by 16.2 per cent year-on-year to $2.436 billion, compared to $2.097bn in December 2019, clocking in above $2bn mark for the seventh consecutive month, according to the latest data released by the State Bank of Pakistan (SBP) on Friday.
Sharing the jump in remittances, Prime Minister Imran Khan said in a tweet: “I want to thank our overseas Pakistanis for yet another record-breaking month of remittances in December $2.4bn. MashaAllah, first time in Pakistan, remittances have been above $2bn for six consecutive months. Total for six months of this fiscal year [is] $14.2bn — a 24.9pc growth over last year.”
Inflows from GCC countries account for over 58pc of total amount in December
https://www.dawn.com/news/1600501/remittances-over-2bn-for-7th-month-running
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