Islamabad (Web Desk): The State Bank of Pakistan said that the country received over $2.27 billion remittances in January.
“At $2.3bn, they are 19% higher than in Jan20 and marginally lower than in Dec20,” the central bank shared in a tweet and added, “During FY21, remittances at an unprecedented $16.5bn are 24% higher than same period in FY20.”
In Jan21, remittances remained above $2bn for 8th straight month. At $2.3bn, they are 19% higher than in Jan20 and marginally lower than in Dec20. During FY21, remittances at an unprecedented $16.5bn are 24% higher than same period in FY20. For details: https://t.co/7XBd4uw3tu pic.twitter.com/ureqbpRwDa
— SBP (@StateBank_Pak) February 15, 2021
Prime Minister Imran Khan has also thanked overseas Pakistanis for sending record remittances during the last eight months.
“Remittances from overseas Pakistanis were $2.27 bn in Jan, up 19% over Jan 2020 - 8th consecutive month of remittances above $2b,” the premier said in a tweet and added, “To date in this fiscal year they are up 24% compared to last yr. This is a record for our country and I thank our overseas Pakistanis.”
In Jan21, remittances remained above $2bn for 8th straight month. At $2.3bn, they are 19% higher than in Jan20 and marginally lower than in Dec20. During FY21, remittances at an unprecedented $16.5bn are 24% higher than same period in FY20. For details: https://t.co/7XBd4uw3tu pic.twitter.com/ureqbpRwDa
— SBP (@StateBank_Pak) February 15, 2021
It is worth mentioning here that the highest amount of remittances came from the overseas Pakistanis in Saudi Arabia.
