Pakistan’s remittances to cross $36bn this year, says Khurram Schehzad

MG News | March 11, 2025 at 09:50 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

March 11, 2025 (MLN): Pakistan's remittances may easily surpass $36 billion this year—a historic milestone in the country's history, both in absolute terms and as a percentage of GDP, said Khurram Schehzad, Advisor to the Finance Minister, in a series of tweets.

Workers’ remittances to Pakistan recorded a massive inflow of $3.1bn in February 2025, reflecting a remarkable 39% growth compared to February 2024.

With Ramazan/Eid and then Eid-ul-Adha approaching, inflows are expected to rise further, likely pushing the average above $3bn per month for the remainder of the fiscal year.

Cumulative inflows from July to February FY25 now stand at $24bn, up 33% from $18.1bn during the same period last year.

An interesting aspect is that the monthly average inflow of remittances has remained around $3bn since the start of this fiscal year.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	166,186.17 175.95M	0.46% 768.66
ALLSHR	100,823.28 516.45M	0.48% 477.22
KSE30	49,293.54 61.70M	0.52% 255.05
KMI30	240,021.93 84.31M	0.51% 1224.01
KMIALLSHR	65,475.76 317.66M	0.48% 313.79
BKTi	45,744.82 8.36M	0.39% 177.09
OGTi	33,694.73 6.16M	0.41% 138.33

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,120.00	82,000.00 80,225.00	-705.00 -0.86%
BRENT CRUDE	104.32	105.83 103.37	-1.74 -1.64%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	0.20 0.16%
ROTTERDAM COAL MONTHLY	145.10	145.10 145.10	0.10 0.07%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	95.23	95.49 93.58	0.14 0.15%
SUGAR #11 WORLD	21.07	21.10 20.60	0.23 1.10%