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	184,050.10 472.43M	2.08% 3748.40
ALLSHR	110,789.83 917.40M	1.70% 1851.00
KSE30	54,944.21 207.72M	2.29% 1228.18
KMI30	260,634.87 119.12M	1.29% 3307.40
KMIALLSHR	71,378.23 501.29M	0.84% 594.03
BKTi	51,624.46 128.24M	6.08% 2958.41
OGTi	36,942.77 7.95M	0.12% 44.11

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	60,400.00	61,550.00 59,710.00	220.00 0.37%
BRENT CRUDE	70.90	71.22 70.67	-0.67 -0.94%
RICHARDS BAY COAL MONTHLY	107.50	107.50 107.50	0.00 0.00%
ROTTERDAM COAL MONTHLY	119.25	122.00 119.25	0.15 0.13%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	67.81	68.17 67.59	-0.77 -1.12%
SUGAR #11 WORLD	14.96	15.25 14.84	0.14 0.94%