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Tag Archives: Pakistanis send back record $29.4bn in year

Pakistanis send back record $29.4bn in year


July 14, 2021

KARACHI: Overseas Pakis­tanis remitted record $29.4 billion during 2020-21, helping the country meet its widening trade deficit and expected current account deficit in the last month of the just-ended fiscal year. The central bank said that with inflows of around $2.7bn in June (9pc growth year-on-year) and 8pc (month-on-month), workers’ remittances continued their unprecedented streak of above $2bn for a …

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