Overseas Pakistanis sent 16% more dollars than what exporters earned ...palestine

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Pakistanis overseas sent back the highest ever amount in April: $2.78 billion. In the ten months of this financial year, remittances have crossed $24 billion, which is 16% higher than what exports earned ($20.8 billion). “Curtailed cross border travel in the face of COVID-19, philanthropic transfers to Pakistan amid the pandemic, orderly foreign exchange market conditions and, more recently, Eid-related inflows have contributed to record levels of remittances this year,” the State Bank said. It also attributed the improvement to proactive policy measures by the government and itself to encourage more people to send money through formal channels. The foreign exchange overseas Pakistanis se

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Overseas Pakistanis sent 16% more dollars than what exporters earned ...palestine

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