Pakistan launches Buna-Raast project to streamline migrant remittances

MG News | August 22, 2024 at 04:18 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

August 22, 2024 (MLN): Pakistan’s government has launched the Buna-Rast connectivity project, which will enable migrants to transfer funds transparently and efficiently using modern technology.

Prime Minister Muhammad Shehbaz Sharif launched the Buna-Raast connectivity project in Islamabad today to streamline remittances from the Arab world to Pakistan.

The digital system is being linked directly to Buna under the Arab Monetary Fund.

“With this historical milestone, our relations with the Arab world will be established on more stable and modern lines,” the Prime Minister highlighted.

Moreover, he pointed out that it is Pakistan's first cross-border real-time payment system that will make remittances more affordable and accessible.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	167,089.28 109.91M	-0.21% -352.63
ALLSHR	101,117.40 308.32M	-0.15% -155.10
KSE30	49,841.71 50.59M	-0.28% -142.15
KMI30	240,372.43 78.75M	-0.02% -45.72
KMIALLSHR	65,518.16 188.07M	-0.05% -35.70
BKTi	46,228.77 7.60M	-0.60% -281.04
OGTi	33,974.66 4.20M	-0.27% -91.31

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	82,930.00	83,705.00 81,750.00	980.00 1.20%
BRENT CRUDE	104.11	105.09 102.33	-0.17 -0.16%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	0.75 0.59%
ROTTERDAM COAL MONTHLY	143.40	143.40 143.40	-1.15 -0.80%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	91.44	92.17 90.01	-0.05 -0.05%
SUGAR #11 WORLD	20.19	20.44 20.09	0.04 0.20%