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All Stories: remittances

Pakistan’s current account of August 2024 stands surplus

KARACHI: Pakistan has recorded $75 million current account surplus in August 2024, as per the latest data shared by the State Bank of Pakistan...

Pakistan’s remittances jump by 10.7% to 30.3bn in FY3-24

The workers’ remittances increased by 10.7 percent during the fiscal year 2023-24 compared to the inflows of fiscal year 2022-23, the State Bank of...

ARY Introduces Low-Cost Digital Remittance Solutions!

True! ARY has been catering to various aspects of the Pakistani lifestyle for years, and this time, it is streamlining the path of remittance...

Pakistan’s economic outlook report shows reduction in remittances

ISLAMABAD: The Economic Outlook report showed a reduction in Pakistan's remittances, imports, and current account deficit in the first six months of the current...

Workers’ remittances record inflow of $2.3 b in November

KARACHI: The overseas workers’ remittances recorded an inflow of $2.3 billion during last month, ARY News reported quoting the State Bank of Pakistan (SBP). “In...

Pakistan’s remittances record $2.2 b inflow in September: SBP

ISLAMABAD: The overseas workers’ remittances recorded an inflow of US$2.2 billion during September 2023, ARY News reported quoting the State Bank of Pakistan. In terms...

Economic outlook report shows 21.6% drop in remittances

ISLAMABAD: The Economic Outlook report showed that the remittances dropped by 21.6 percent and stood at $4.1 billion in two months of FY2024, ARY...

Workers’ remittances decline by 7.3pc in July: SBP

KARACHI: Remittances sent home by overseas Pakistani workers declined by 7.3 percent and reached $2.0268 billion in July, a drop of 19.7 percent on...

Pakistan’s remittances up27.4% to $2.53bn in March

KARACHI: Remittances sent by overseas Pakistani workers registered an increase to 27.4pc MoM $2.53 billion, compared to $2bn in February 2023, data issued by...

Pakistan’s remittances up 4.9pc to $2bn in Feb

Remittances sent by overseas Pakistani workers registered an increase to 4.9% MoM $2 billion, compared to $1.89bn in January 2023, data issued by SBP...

SBP rebuts claims capping dollar price caused $3bn loss in remittances

KARACHI: The State Bank of Pakistan (SBP) on Sunday rebutted claims that capping the price of the dollar caused a loss of $3 billion...

Remittances drop, exports grow in 10 months of 2022 – Economic outlook report

ISLAMABAD: Pakistan's exports, remittances, current account deficit, and industrialization dropped in the first 10 months of 2022, the Economic Outlook report showed, ARY News...

PM Shehbaz lauds overseas Pakistanis for record ‘$57mn’ remittances in a day

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday thanked overseas Pakistanis for a record inflow of US$57 million in a day through the Roshan Digital...

Budget 2022-23: Taxes imposed on sending remittances via credit, debit cards

ISLAMABAD: The federal government has decided to impose taxes on those sending remittances abroad via credit, debit and pre-paid cards, ARY News reported on...

Pakistan receives record remittances from European countries in 2022

Brussels: Pakistan has received all-time high remittances from overseas Pakistanis residing in European countries in the first 10 months of the fiscal year 2021-22.  According...

Monthly remittances cross US$3bn for first time: SBP

KARACHI: The State Bank of Pakistan (SBP) on Friday announced that remittances crossed the monthly mark of US$3 billion for the first time, ARY...

Remittances reach ‘highest level in history’ during March 2022: SBP

KARACHI: The State Bank of Pakistan (SBP) on Thursday said shared that the workers’ remittances soar to highest level in history during March 2022,...

Overseas Pakistanis send home $2.2 bn in Feb

KARACHI: Remittances sent home by Overseas Pakistanis in February 2022 increased by 2 per cent compared to Jan 2022, according to data shared by...

Remittances grow by 10% to $12.9bn in five months

KARACHI: Workers' remittances grew by almost 10 per cent to $12.9 billion in the first five months of the ongoing fiscal year compared to...

October’s economic outlook highlights hike in remittances, imports, exports     

ISLAMABAD: Finance ministry on Monday released a monthly economic outlook for the month of October 2021, highlighting an increase in remittances, imports, exports, tax...
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