remittances News

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Govt extends Incentive Scheme for overseas remittances

The government has reaffirmed its commitment to supporting overseas Pakistanis by continuing the Workers' Remittances Incentive Scheme, as stated by Prime Minister Shehbaz Sharif.

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Exchange sector gains ground in Pakistan's remittance market

Foreign exchange companies played a growing role in Pakistan’s remittance inflows in FY25, contributing an estimated $5 billion, including $450 million in June alone

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Workers’ remittances rise to $3.7bn in May

Pakistan’s workers’ remittances reached $3.68 billion in May 2025, according to data released by the State Bank of Pakistan (SBP) today...

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Workers’ remittances fall to $3bn in April

Pakistan’s workers’ remittances reached  around $3.2 billion in April 2025

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Govt cracks down on illegal remittance channels, says Finance Minister

Regarding the steps taken by the government regarding remittances, a crackdown has been done on the two numbers that are being done, including transactions...

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

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...

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Remittances to LMICs are expected to reach $685bn

Remittances to low- and middle-income countries (LMICs) are expected to reach an impressive $685 billion in 2024...

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Worker remittances jump 29% to $2.92bn in Nov

Workers' remittances have increased by 29.08% in November to $2.915 billion, compared to $2.259bn in the same month of last year...

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Worker remittances jump 23.9% to $3.05bn in Oct

Workers' remittances have increased by 23.91% in October to $3.052 billion, compared to $2.463bn in the same month of last year, the latest data issued...

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SBP offers up to Rs6 per USD to ECs on remittances

To incentivize ECs in enhancing their home remittance mobilization efforts, the central bank has decided to offer payments of up to PKR 4 per USD...

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3.95M 		-1.24%
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8.73M 		-1.00%
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KSE30 47,424.93
1.69M 		-1.36%
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KMI30 226,231.19
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5.33M 		-1.14%
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0.46M 		-1.22%
-527.11
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0.15M 		-1.10%
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Name Last High/Low Chg/%Chg
BITCOIN FUTURES 70,865.00 71,595.00
70,640.00 		5.00
0.01%
BRENT CRUDE 103.80 104.12
102.75 		1.58
1.55%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00 		-10.10
-9.22%
ROTTERDAM COAL MONTHLY 118.45 118.45
118.45 		0.30
0.25%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00 		0.00
0.00%
CRUDE OIL - WTI 91.65 92.10
90.71 		1.33
1.47%
SUGAR #11 WORLD 15.53 15.83
15.32 		-0.35
-2.20%
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