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	169,427.44 163.01M	-0.53% -903.12
ALLSHR	102,450.94 789.83M	-0.32% -325.06
KSE30	50,457.84 73.20M	-0.55% -279.32
KMI30	242,092.83 66.46M	-0.46% -1110.02
KMIALLSHR	66,542.58 386.25M	-0.11% -71.63
BKTi	45,970.73 25.03M	-0.74% -342.45
OGTi	34,855.07 3.01M	-0.60% -211.72

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	61,555.00	61,905.00 60,985.00	-475.00 -0.77%
BRENT CRUDE	95.00	95.00 90.77	3.55 3.88%
RICHARDS BAY COAL MONTHLY	123.00	123.00 123.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	134.25	134.30 132.00	1.30 0.98%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	92.82	93.64 91.90	2.79 3.10%
SUGAR #11 WORLD	13.91	14.10 13.86	-0.17 -1.21%