US
March sees 2-year high; IFC approves $400m financing for PTCL
Overseas Pakistanis send 18% higher remittances that reach $2.25b
Surge by 26% to reach $2.39b in January 2024, signalling confidence in economy
Govt initiatives for freelancers to boost IT remittances to over $600m mark
SBP report says remittances during December 2023 were mainly sourced from Saudi Arabia, UAE, UK and US
Offers cash reward, higher TT charges to banks and exchange firms
SBP reports 19% dip, plunging to $2.03b compared to previous year’s $2.51b
Inflows during August mainly sourced from Saudi Arabia, UAE, the UK and US
A closer look at country-wise remittance flows reveals some interesting patterns
Country received $2.4b as overseas Pakistanis increasingly used formal channels