Remittance to cross $30bn in current fiscal year: NA told

News Image

MG News | May 12, 2022 at 03:25 PM GMT+05:00

0:00

May 12, 2022: Minister for Overseas Pakistanis and Human Resource Development Sajid Hussain Turi on Thursday informed the National Assembly that as many as $22 billion remittances have been received so far adding that it would cross $30 billion during the current financial year.

Replying to a question during a Question Hour, the Minister said the country received around $29 billion remittances during the last fiscal year.

He said there were around 8.9 million overseas Pakistanis across the world and most of them were in Saudi Arabia and the UAE. On the other hand, more than 11.85 million Pakistani workers have been registered for overseas employment from 1971 to 2022 (up to March), he said.

He said these overseas Pakistanis were contributing to the economy and all-out steps would be taken to address their problems.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 162,994.17
366.14M
-1.71%
-2829.70
ALLSHR 97,525.91
833.18M
-1.65%
-1634.99
KSE30 49,090.22
171.05M
-2.02%
-1011.73
KMI30 234,097.76
141.71M
-1.92%
-4583.61
KMIALLSHR 63,284.58
381.76M
-1.79%
-1151.00
BKTi 45,458.10
90.77M
-1.53%
-707.82
OGTi 33,162.89
14.24M
-2.82%
-962.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 78,220.00 79,420.00
76,515.00
1480.00
1.93%
BRENT CRUDE 109.20 112.45
106.23
-1.20
-1.09%
RICHARDS BAY COAL MONTHLY 113.00 0.00
0.00
0.00
0.00%
ROTTERDAM COAL MONTHLY 109.25 0.00
0.00
-0.20
-0.18%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 102.50 106.65
99.30
-2.57
-2.45%
SUGAR #11 WORLD 14.97 15.01
14.42
0.36
2.46%

Chart of the Day


Latest News
May 02, 2026 at 06:36 PM GMT+05:00

PSX rebounds in April after brutal slide


May 02, 2026 at 05:42 PM GMT+05:00

SECP approves Service Long March Tyres IPO


May 02, 2026 at 05:35 PM GMT+05:00

IMF flags Pakistan risks amid MENAP slowdown


May 02, 2026 at 05:35 PM GMT+05:00

Gold surges as the world's new financial anchor


May 01, 2026 at 09:42 PM GMT+05:00

Build in America or Bleed 25%: Trump to EU



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg