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According to data released by the State Bank of Pakistan, remittances from Pakistanis abroad in the first five months of the fiscal year 2012-13 amounted to .9 12.9 billion, up 9.7 percent from the previous year. Remittances continue to be strong at more than 2 2 billion by June 2020.
According to the SBP, remittances in November this year increased by 0.6 percent compared to remittances received in the same month last year, while in November this year decreased by 6.6 percent compared to the same month last year and received about 2. 2.4 billion. Happened
According to the statement, remittances of 59 590 million were received from Saudi Arabia, 45 450 million from the United Arab Emirates, 30 305.8 million from the United Kingdom and .7 237.8 million from the United States during November 2021.
The central bank says proactive policy measures by the government and the SBP to encourage the use of formal channels and the transfer of welfare funds during the outbreak have contributed to a steady improvement in remittance inflows over the past year.
