The State Bank of Pakistan (SBP) said on Friday that remittances for December 2022 came in at $ 2 billion, declining 19 percent over the same month last year. Compared to November, when overseas Pakistanis sent back $2.1bn, this translates into a decline of 3.2pc. This is the fourth consecutive month in which remittances have fallen.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Pakistan’s forex reserves rise by $31m last week

The State Bank of Pakistan’s (SBP)-led foreign exchange reserves witnessed $31 million…

Significant surge in GB tourism

More than 700,000 local and foreign tourists visited Gilgit Baltistan during this…

Post-corona lockdown, skyrocketing expenses

On Oct 14, it is reported that a huge surge has been…

Samaa Headlines 12pm | Sheikh Rasheed apni hadd mein raho | SAMAA TV

#samaanewslive #pakistannewslive #samaanews Stay up-to-date on the major news making headlines across…