Karachi (Web Desk): Pakistani workers employed abroad remittance over $2 billion for the 10th consecutive month in March at $2.7 billion — up 43 per cent from a year earlier, the State Bank of Pakistan (SBP) said in a statement issued on Monday.
According to the SBP, a large part of the remittances during the July to March period in FY21 came mainly from Saudi Arabia, standing at $5.7 billion; the United Arab Emirates, at $4.5 billion; with $2.9 billion from Britain and $1.9 billion from the United States.
“Remittances continued their record run of above $2bn for 10th consecutive month in Mar,” the central bank said in a tweet and added, “At $2.7bn, they were up 20% compared to Feb & 43% compared to Mar20. Cumulatively, they have risen to $21.5bn during Jul-Mar FY21, up 26% over the same period last year.”
Remittances continued their record run of above $2bn for 10th consecutive month in Mar. At $2.7bn, they were up 20% compared to Feb & 43% compared to Mar20. Cumulatively, they have risen to $21.5bn during Jul-Mar FY21, up 26% over the same period last year:https://t.co/NMRGk3VCx5 pic.twitter.com/iTm8SlJFbg
— SBP (@StateBank_Pak) April 12, 2021
Prime Minister Imran Khan also lauded the overseas Pakistanis for their “unparalleled love and commitment for the country”.
