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...
Go to articleremittances News
Workers’ remittances fall to $3bn in April
Pakistan’s workers’ remittances reached around $3.2 billion in April 2025
Go to articleGovt 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...
Go to articlePakistan’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...
Go to articleRemittances 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...
Go to articleWorker 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...
Go to articleWorker 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...
Go to articleSBP 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...
Go to articleSBP introduces reimbursement scheme to boost remittance inflows
To further incentivize the ADs and MFBs to maximize their efforts for increasing remittance inflows, the State Bank of Pakistan (SBP) has decided to fix...
Go to articleCrypto: New lifeline for remittance-dependent nations
Workers’ remittances are one of the major sources of foreign exchange earnings for many developing countries and are a lifeline for their development...
Go to articleWorkers’ remittances rise 40.5% to $2.94bn in August
Workers' remittances have increased by 40.5% in August to $2.94 billion, compared to $2.09bn in the same month of last year...
Go to articleRemittances targeted to reach $60bn by end of 2034
Under the Prime Minister's economic plan, the government has set an ambitious target to increase remittances to $60 billion by the end of 2024...
Go to articlePakistan launches Buna-Raast project to streamline migrant remittances
Pakistan’s government has launched the Buna-Rast connectivity project, which will enable migrants to transfer funds transparently and efficiently using...
Go to articleRemittance rush can't hide export woes
Pakistan’s diaspora, dispersed across the globe, rallied in support of their cash-strapped homeland...
Go to articleWorkers' remittances rise 10.7% to $30.25bn in FY24
Workers' remittances have increased by 10.68% to $30.25 billion in fiscal year 2023-24 as compared to $27.33bn worth of inflows received in FY23...
Go to articleRemittance flows to Pakistan expected to recover: World Bank
Remittance flows to Pakistan are forecasted to recover and grow at about 7% to reach $28 billion in 2024 and increase at 4% to about $30bn in 2025...
Go to articlePakistani envoy urges use of legal channels for remittances from UAE
Ambassador Faisal Niaz Tirmizi, Pakistan’s Envoy to United Arab Emirates (UAE) highlighted the scope of digitising financial transactions...
Go to articleWorkers’ remittances rise 27.9% YoY to $2.81bn in April
Workers' remittances have increased by 27.9% YoY in April to $2.81 billion, compared to $2.2bn in the same month of last year...
Go to articleWorkers’ remittances fall by 6.2% MoM to $2.25bn in February
Workers' remittances have decreased by 6.18% MoM in February to $2.25 billion, compared to $2.4bn in the previous month...
Go to articleOverseas Pakistanis are country’s asset, says minister
Overseas Pakistanis are a valuable asset of the country, and the government remains committed to supporting its overseas communities...
Go to articleRemittances up 26% YoY in January - are USD finally pouring?
Any economic good news after the recent elections is welcome. Pakistan's January's remittances flow has seen a handsome growth of 26% to clock in at $2.4...
Go to articleWorkers’ remittances rises by 26% YoY to $2.4bn in January
Workers' remittances have increased by 26.16% YoY in January to $2.4 billion, compared to $1.9bn in the same month last year...
Go to articleWorkers' remittances rises by 5.4% MoM to $2.38bn in December
Workers' remittances have increased by 5.44% MoM in December to $2.38 billion, compared to $2.26bn in the previous month...
Go to articleWorkers’ remittances drop 8.6% MoM to $2.25bn in November
Workers' remittances have dropped by 8.63% MoM in November to $2.25 billion, compared to $2.46bn in the previous month...
Go to articleCurrent account deficit worsens by 61% MoM to $74m in October
The current account deficit for October 2023 widened significantly by 60.87% MoM to stand at $74 million compared to the deficit of $46m in September 2023...
Go to articleGood News: Remittances (finally) grow 10% YoY in October
Greenback is a rare commodity in Pakistan for people and the government. Thus when tough actions - administrative controls...
Go to articleWorkers’ remittances rises by 11.5% MoM to $2.46bn in October
Workers' remittances have increased by 11.54% MoM in October to $2.46 billion, compared to $2.21bn in the previous month...
Go to articleWorkers’ remittances rises by 5.34% MoM to $2.21bn in September
Workers' remittances have increased by 5.34% YoY in September to $2.21 billion, compared to $2.09bn in the previous month...
Go to articleWeekly SCRA records net purchase of Rs194m
The gross sale of securities during the week was recorded at Rs2bn billion, which is around 77.82% lower than the figures recorded last week...
Go to articleSBP expands SDRP with new Diamond category
A new 'Diamond' category has been added in addition to the existing three categories in the Sohni Dharti Remittance Program (SDRP), namely...
Go to articleIncentives for Banks to grow remittances - can they?
Remittances decline of $4 billion last year was a much bigger disappointment than perpetually low export growth...
Go to articleGovt modifies remittance scheme to boost formal flows
In order to encourage domestic financial institutions (FIs) to enhance their marketing efforts for mobilizing home remittances though formal channels...
Go to articleReimbursement of TT charges rate for home remittance transactions increased to SAR 30
The reimbursement of TT charges rate for eligible home remittance transactions has been increased to SAR 30 from SAR 20...
Go to articleSBP to discontinue airtime incentive for USD remittances
The incentive of airtime equivalent to Rs2 per USD allowed by the Government of Pakistan will no longer be available or valid after thirty days...
Go to articleWorkers’ remittances drops by 23.74% YoY to $2.1bn in August
Workers' remittances have decreased by 23.74% YoY in August to $2.09 billion, compared to $2.74bn in the same month of last year...
Go to articlePre-Departure Briefing Program launched to educate outgoing workers on remittances
New Pre-Departure Briefing Program to educate outgoing workers on formal channels for sending remittances was jointly launched...
Go to articleECC approves changes in SBP schemes to boost remittances
The Economic Coordination Committee (ECC) of the Cabinet approved changes in six incentive schemes of the State Bank of Pakistan (SBP) aimed at enhancing...
Go to articleRemittances shield Pakistan from Trade Deficit in FY23
During times of the political and macroeconomic challenges posed in Pakistan, Pakistanis abroad did not disremember their native land and continued to send...
Go to articleWorkers’ remittances drops by 13.6% to $27bn in FY23
Workers' remittances have decreased by 13.6% YoY in FY23 to $27.02 billion, compared to $31.27bn in FY22...
Go to articleWorkers’ remittances drop to $2.1bn in May
Workers' remittances for the month of May registered a decrease of 4.4% MoM to $2.1 billion, compared to $2.196bn in April 2023, data issued by SBP revealed tod
Go to articleWorkers' remittances increase to $2.5bn in March
Workers' remittances for the month of February registered an increase to 27.41% MoM $2.5 billion, compared to $1.98bn in February 2023...
Go to articleWorkers’ Remittances drop by 25.4% MoM to $2.3bn in May
Workers’ Remittances drop by 25.4% MoM to $2.3bn in May
Go to articleRemittance to cross $30bn in current fiscal year: NA told
Remittance to cross $30bn in current fiscal year: NA told
Go to articlePakistan receives highest ever remittances of $2.8bn in March: SBP
Pakistan receives highest ever remittances of $2.8bn in March: SBP
Go to articleWorkers’ remittances rise to $20.1bn in 8MFY22
Workers’ remittances rise to $20.1bn in 8MFY22
Go to articleWorkers’ remittances rise to $18bn in 7MFY22
Workers’ remittances rise to $18bn in 7MFY22
Go to articleRDA proves to be a great success among Pakistani community in KSA: Reza Baqir
RDA proves to be a great success among Pakistani community in KSA: Reza Baqir
Go to articleExchange companies get Re1 incentive for each USD surrender in interbank market
Exchange companies get PKR1 for each USD surrender in interbank market
Go to articleWorkers' remittances rise to $15.8bn in 1HFY22
Workers' remittances rise to $15.8bn in 1HFY22
Go to articleRemittances decline by 6.6% MoM in November
Remittances decline by 6.6% MoM in November
Go to articleWorkers’ remittances surge by 17% YoY in Sept’21
Workers’ remittances surge by 17% YoY in Sept’21
Go to articleSept YoY inflation may end up between 7.5%-8.4%: MoF
Sept YoY inflation may end up between 7.5% to 8.4%: MoF
Go to articleFBR allows tax-exempted remittances through int'l exchange companies
FBR allows tax-exempted remittances through intl exchange companies
Go to articleWorkers' remittances jump by 27% YoY in Aug'21
Workers remittances jump by 27 YoY in Aug21
Go to articleRemittances rise to a historic annual high of $29.4 billion in FY21
Remittances rise to a historic annual high of 29.4 billion in FY21
Go to articleForeign investors appreciate SBP FX Remittance Process: OICCI survey
Foreign investors appreciate SBP FX Remittance Process OICCI survey
Go to articleWorkers' remittances reach above $2bn in May
Workers remittances reach above 2bn in May
Go to articleRemittances- key driver of Pakistans economy
Remittances- key driver of Pakistans economy
Go to articleWorkers’ Remittances rise to an all-time high of USD 2.8bn in April
Workers Remittances rise to an all-time high of USD 2.8bn in April
Go to articleRemittances jump by 24.2% YoY to USD 2.26 bln in February'21
Worker Remittances jump by 24.2 YoY to USD 2.26 bln in February21
Go to articleIncreased workers’ remittances are credit positive for Pakistani banks, particularly UBL
Increased workers remittances are credit positive for Pakistani banks, particularly UBL
Go to articleAre remittance flows another casualty of COVID-19?
Are remittance flows another casualty of COVID-19
Go to articleRemittances to Pakistan rises to yet another record as use of formal channels increases
Remittances to Pakistan rises to yet another record as use of formal channels increases
Go to articlePakistan’s External economy remains in limbo as major trading partners hit hard by COVID outbreak
Pakistans External economy remains in limbo as major trading partners hit hard by COVID outbreak
Go to articlePakistan could lose around 27% of its international remittances in 2020, says ADB
Pakistan could lose around 27 of its international remittances in 2020, says ADB
Go to articleOil’s collapse and COVID-19 might choke flow of remittances to Pakistan
Oils collapse and COVID-19 might choke flow of remittances to Pakistan
Go to articlePM directs Finance Advisor, SBP Governor to finalize the concessional package on remittances
PM directs Finance Advisor, SBP Governor to finalize the concessional package on remittances
Go to articlePakistan Post receives foreign remittance amounting to $30.860 mln
Pakistan Post receives foreign remittance amounting to 30.860 mln
Go to articleIT, ITeS export remittances surge to 23.42% in 10 months
IT, ITeS export remittances surge to 23.42 in 10 months
Go to articleOverseas Pakistani remit USD 18,781.62 Million during July-April FY20
State Bank of Pakistan released Overseas worker remittances figures for April 2020\n
Go to articleGlobal remittances expected to fall sharply by 20% in 2020
Global remittances expected to fall sharply by 20 in 2020
Go to articleSBP offers incentives to mitigate the risk of drop in workers’ remittances
SBP offers incentives to mitigate the risk of drop in workers remittances
Go to articleInflow of Remittances sustains in March but decline in future seems certain
Growth in Remittances sustains in March but decline in future seems certain
Go to articleECC approves measures to boost remittances through formal channels
ECC approves measures to boost remittances through formal channels
Go to articleWorldwide CEL signs home remittances agreement with NBP
Worldwide CEL signs home remittances agreement with NBP
Go to articleState Bank of Pakistan extends home remittance services
State Bank of Pakistan extends home remittance services
Go to articleOverseas Pakistanis remit USD 2.04 Billion in July 2019
State Bank of Pakistan released Overseas worker remittances figures for July 2019
Go to articleSCRA observes net purchase for the third consecutive week
SCRA observes net purchase for the third consecutive week
Go to articleOverseas Pakistani remit USD 21.841 Billion in FY19
State Bank of Pakistan released Overseas worker remittances figures for June 2019
Go to articleWorker's remittance shoots up by 30% in May'19
State Bank of Pakistan released Overseas worker remittances figures for May 2019
Go to articleSaudi Arabia upholds position as biggest contributor of remittances
Saudi Arabia upholds position as biggest contributor of remittances
Go to articleOverseas Pakistanis remit $12.7 bln in FY19 so far
Overseas Pakistanis remit USD12.7 bln in FY19 so far
Go to articleSBP launches M-Wallet scheme to promote home remittances
SBP launches M-Wallet scheme to promote home remittances
Go to articleZulfiqar Bukhari urges Pakistani expats to send money through legal channels
Zulfiqar Bukhari asks Pakistani expats to send money through legal channels
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| BKTi | 34,940.73 55.86M |
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| OGTi | 28,296.06 16.02M |
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| BITCOIN FUTURES | 109,340.00 | 110,105.00 109,205.00 |
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1.70 1.58% |
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0.00 0.00% |
| CRUDE OIL - WTI | 66.91 | 67.50 66.78 |
-0.54 -0.80% |
| SUGAR #11 WORLD | 15.56 | 15.97 15.44 |
-0.14 -0.89% |
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