Great News: Remittances reach high levels in Pakistan

Great News: Remittances reach high levels in Pakistan

According to the details, the State Bank of Pakistan said that remittances exceeded 2 2 billion in May, remittances were recorded at 2.5 2.5 billion in May, compared to May last fiscal year. Remittances increased by 34% in May of the current fiscal year.

On the other hand, the Ministry of Finance said in a statement that remittances increased by 29% from July to May of the current financial year, remittances of 26 26.7 billion in the first 11 months of the current financial year, remittances in 11 months increased by 3.6 billion dollars compared to the previous fiscal year.

In this regard, Senator Faisal Javed in his message on the social networking website Twitter said that it is great good news for Pakistan, remittances in Pakistan have reached a high level, remittances increased by 34% in May compared to last year, remittances from July to May 26.7 billion. Reaching the dollar, it is 29 percent higher than last year.

Last month, the prime minister said in a tweet that remittances had reached a record high of 2. 2.8 billion in April, with remittances reaching .2 24.2 billion in the first 10 months of the current fiscal year.

He had said that with 10 months of remittances, he had broken the record of the entire last financial year, thanking overseas Pakistanis for trusting the new Pakistan.

Stay connected with us for the latest updates. Follow us on Facebook and Twitter.

error: Content is protected!!