Remittances to Pakistan rise to an all-time high of $2.8bn in April
Published 18 May,2021 via Dawn - Remittances by overseas Pakistani continued to surge, rising to an all-time high of $2.8 billion in April, 56 per cent higher than a year ago, the State Bank of Pakistan (SBP) said on Tuesday.
Cumulatively, during the July-April FY21 workers’ remittances rose to an unprecedented level of $24.2bn, up by 29pc, compared to the same period last year.
These have also surpassed the full FY20 level by over $1bn, creating a new record, the central bank said.
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