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Tag: Remittances

SBP, Arab Monetary Fund to integrate cross-border remittance platforms

SBP, Arab Monetary Fund to integrate cross-border remittance platforms

Pakistan records $2.4bn remittances in December, up 5.4% MoM, 13.4% YoY

Pakistan records $2.4bn remittances in December, up 5.4% MoM, 13.4% YoY

Pakistan’s remittances drop by 9% MoM in November 2023

Pakistan’s remittances drop by 9% MoM in November 2023

September remittances improve slightly but lower than expected

September remittances improve slightly but lower than expected

Akhtar Fuiou Technologies secures in-principle approval from SBP to launch e-wallet

Akhtar Fuiou Technologies secures in-principle approval from SBP to launch e-wallet

Remittances in April break all previous records at $2.8bn

Remittances in April break all previous records at $2.8bn

Rupee hits one-year high against dollar

Rupee hits one-year high against dollar

PM Imran lauds diaspora for remitting over $2bn for 6th straight month

PM Imran lauds diaspora for remitting over $2bn for 6th straight month

Pakistan registers current account surplus for fifth straight month

Pakistan registers current account surplus for fifth straight month

FPCCI stresses acceleration of exports, remittances as trade deficit widens

FPCCI stresses acceleration of exports, remittances as trade deficit widens

October remittances grow 14pc to $2.3bn

October remittances grow 14pc to $2.3bn

Pakistan’s remittances to grow 9pc in 2020: WB report

Pakistan’s remittances to grow 9pc in 2020: WB report

No change in existing permissions under forex regulations: SBP

No change in existing permissions under forex regulations: SBP

FPCCI calls for more incentives for expats to further spur remittances

FPCCI calls for more incentives for expats to further spur remittances

Remittances exceed $2bn for third month in a row

Remittances exceed $2bn for third month in a row

What caused an all time high of $2.77bn remittances in July

What caused an all time high of $2.77bn remittances in July

‘Reduction in trade deficits, improvement in remittance inflows to improve Pakistan’s BoP’

‘Reduction in trade deficits, improvement in remittance inflows to improve Pakistan’s BoP’

IT export remittances surge by 23.71pc

IT export remittances surge by 23.71pc

Workers' remittances surge 50.7pc to $2.46bn in June

Workers' remittances surge 50.7pc to $2.46bn in June

Timely action helped Pakistan mitigate Covid's impact on home remittances: MoF

Timely action helped Pakistan mitigate Covid's impact on home remittances: MoF

Remittances remain steady despite COVID-19 crisis

Remittances remain steady despite COVID-19 crisis

Remittances rise 3.8pc to $1.8bn in March

Remittances rise 3.8pc to $1.8bn in March

Remittances rise 5.4pc to $15.1bn in eight months

Remittances rise 5.4pc to $15.1bn in eight months

ECC approves measures to boost remittances through banking channels

ECC approves measures to boost remittances through banking channels

Increase in workers' remittances bodes well for Pakistan: Moody's

Increase in workers' remittances bodes well for Pakistan: Moody's

Remittances drop 9.9pc to $1.9bn in Jan

Remittances drop 9.9pc to $1.9bn in Jan

Int'l payment platform 'Payoneer' expands services in Pakistan

Int'l payment platform 'Payoneer' expands services in Pakistan

Remittances drop down 2 percent to $7.47 billion

Remittances drop down 2 percent to $7.47 billion

Macro adjustment policies resulting in stronger growth in multiple sectors

Macro adjustment policies resulting in stronger growth in multiple sectors

Overseas Pakistanis remitted $21.84bn in FY19

Overseas Pakistanis remitted $21.84bn in FY19

Remittances grew 12% in first seven months of FY19: Asad Umar

Remittances grew 12% in first seven months of FY19: Asad Umar

Remittances grow 13.2pc in 1st quarter FY19

Remittances grow 13.2pc in 1st quarter FY19

SBP launches M-Wallet scheme to promote home remittances

SBP launches M-Wallet scheme to promote home remittances

Current account deficit balloons 37% MoM to $1.7 billion in December

Current account deficit balloons 37% MoM to $1.7 billion in December

MCB Bank partners with Bank Al Jazira to facilitate remittances

MCB Bank partners with Bank Al Jazira to facilitate remittances

NBP, Bank Aljazira to jointly work for increasing remittances

NBP, Bank Aljazira to jointly work for increasing remittances

India to retain top position in remittances with $80bn: WB

India to retain top position in remittances with $80bn: WB

Bank accounts mandatory for those going abroad

Bank accounts mandatory for those going abroad

Recent financial aid obtained from “friendly countries”, a stop gap solution to country’s economic woes: PM

Recent financial aid obtained from “friendly countries”, a stop gap solution to country’s economic woes: PM

Pakistan’s remittances may reach $22bn in FY19

Pakistan’s remittances may reach $22bn in FY19

Govt to promote formal banking channels for remittances

Govt to promote formal banking channels for remittances

Current account deficit contracts 2.6pc in three months

Current account deficit contracts 2.6pc in three months

PM approves major incentives to facilitate remittances

PM approves major incentives to facilitate remittances

PM appeals to overseas Pakistanis to send money via banking channels

PM appeals to overseas Pakistanis to send money via banking channels

Increased inflow of expats' remittances attributed to Imran’s victory, Eidul-Azha

Increased inflow of expats' remittances attributed to Imran’s victory, Eidul-Azha

Overseas Pakistanis remit $1.93bn in July

Overseas Pakistanis remit $1.93bn in July

Overseas Pakistanis remit $19.622bn, an increase by 1.4pc from last year

Overseas Pakistanis remit $19.622bn, an increase by 1.4pc from last year

Overseas Pakistanis remit $18bn in 11 months

Overseas Pakistanis remit $18bn in 11 months

Remittances could be dented due to investment restrictions

Remittances could be dented due to investment restrictions

Overseas Pakistanis remit $16.25 bn in 10 months

Overseas Pakistanis remit $16.25 bn in 10 months

ECAP asks central bank to scrap Pakistan remittance initiative

ECAP asks central bank to scrap Pakistan remittance initiative

Remittances reach $1.69 bn in March, rising 22pc from Feb

Remittances reach $1.69 bn in March, rising 22pc from Feb

Overseas Pakistanis remit $12.8bn in first eight months of FY18: SBP

Overseas Pakistanis remit $12.8bn in first eight months of FY18: SBP

Income tax exemptions for inward remittances be limited to Rs10m annually: SBP

Income tax exemptions for inward remittances be limited to Rs10m annually: SBP

KP's economic growth outpaces Punjab and Sindh, reveals Dr Pasha's book

KP's economic growth outpaces Punjab and Sindh, reveals Dr Pasha's book

Remittances grow 10pc to $1.6bn

Remittances grow 10pc to $1.6bn

Pakistan’s remittance outflows among the highest in the region: Pew Research Center

Pakistan’s remittance outflows among the highest in the region: Pew Research Center

Foreign firms happy over Pakistan’s stability, interested to invest: PM

Foreign firms happy over Pakistan’s stability, interested to invest: PM

SBP launches Asaan remittance account

SBP launches Asaan remittance account

Foreign commercial loans dependence creates debt servicing costs implications

Foreign commercial loans dependence creates debt servicing costs implications

Political hammering, external account measures to drive PSX next week

Political hammering, external account measures to drive PSX next week

Dollar brawler

The real reason behind a 1/3rd drop in Sep' remittances

The real reason behind a 1/3rd drop in Sep' remittances

ECAP says rising US dollar rate in open market swaying people towards hawala and hundi

ECAP says rising US dollar rate in open market swaying people towards hawala and hundi

Falling remittances: SBP to seek LEAs assistance to control money laundering

Falling remittances: SBP to seek LEAs assistance to control money laundering

Overseas workers remit $15.6bn in July-Apr 2016-17

Overseas workers remit $15.6bn in July-Apr 2016-17