PM lauds overseas Pakistanis for 'record increase' in remittances

Premier says industrial sector is showing sustained, double-digit growth

ISLAMABAD:

Prime Minister Imran Khan has lauded overseas Pakistanis for a record increase in remittances in 2021 as compared to last year.

"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 Twitter post.

"To date in this fiscal year they are up 24% compared to last year," he said and added, "this is a record for our country and I thank our overseas Pakistanis."

Remittances from overseas Pakistanis were $2.27 bn in Jan, up 19% over Jan 2020 - 8th consecutive month of remittances above $2b. 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.

— Imran Khan (@ImranKhanPTI) February 15, 2021

Earlier today, in another tweet, the premier said that the industrial sector is witnessing significant growth.

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"Good news from industrial sector also, showing sustained growth," he said. "Large scale manufacturing saw another double digit growth month in December 2020 - 11.4% growth vs Dec 2019."

The premier added, "cumulative July to Dec growth [is] above 8% now."

Good news from industrial sector also, showing sustained growth. Large scale manufacturing saw another double digit growth month in December 2020 - 11.4% growth vs Dec 2019. Cumulative July to Dec growth above 8% now.

— Imran Khan (@ImranKhanPTI) February 15, 2021

Last month, during his visit to Sahiwal, the premier said that efforts were underway to turn Pakistan into an industrial state and an agro-based economy, to ensure sustainable development and prosperity.