KARACHI: As per the data released by the State Bank of Pakistan, the overseas Pakistanis for the consecutive 13th month have sent remittances above $2bn.
According to the data, the remittance sent by overseas Pakistanis in the month of June is observed at Rs2.7bn showing a growth of 8pc on a month-on-month basis.
Similarly, on a year-on-year basis, the growth in remittances is recorded above 9pc.
As per the statement of the Central Bank, the reason behind the increase in remittances is the upcoming Eid-ul-Adha and the effective policy implementation of the government and compelling the people to use formal banking channels.
The country-wise breakdown of remittances during FY21 included $7.7bn from Saudi Arabia, $6.1bn from United Arab Emirates (UAE), and $4.1bn from the United Kingdom.
For news and blogs, visit Graana.com.
The Water and Sanitation Agency (WASA) Lahore is set to initiate a landmark sewerage upgrade…
Islamabad: The federal government is likely to include the Tax Laws (Amendment) Bill, 2024 in…
Islamabad: The International Monetary Fund (IMF) Executive Board is set to convene on Friday, May…
Members of the National and Punjab Assemblies have lauded the provincial government’s plan to introduce…
ISLAMABAD: The Capital Development Authority (CDA) has recorded a historic development expenditure of Rs25 billion…
ISLAMABAD: The federal government is set to inaugurate the Islamabad Information Technology Park on August…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
