Pakistan’s overseas remittances exceed $2 billion for 10th straight month

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KARACHI, Pakistan (Reuters) – Remittances of $2.7 billion in March from Pakistani laborers utilized abroad surpassed $2 billion for the tenth continuous month, and were up 43% from a year sooner, the national bank said on Monday.

Proactive approach ventures by the public authority and State Bank to spike inflows through proper channels, joined with restricted cross-line travel, clinical costs and charitable exchanges in the midst of the pandemic to fuel the ascent, it said in a proclamation.

“The affection and responsibility of abroad Pakistanis to Pakistan is unrivaled,” Prime Minister Imran Khan said on Twitter.

  “You sent over $2 billion for 10 straight months despite COVID, breaking all records. We thank you.” 

  The inflows came mainly from the nations of Saudi Arabia, standing at $5.7 billion; the United Arab Emirates, at $4.5 billion; with $2.9 billion from Britain and $1.9 billion from the United States, the central bank said. 

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