Remittances fall due to global economic slowdown


Trending Keywords   Pakistan • Remittance • Overseas Pakistani • Finance • State Bank of Pakistan

Remittances fall due to global economic slowdown The Express Tribune

KARACHI: The remittances sent home by overseas Pakistani workers have remained sluggish mainly due to global economic slowdown, particularly in the Middle Eastern region where majority of the Pakistanis reside. The sluggish remittances, which remain ...

Remittances jump 10pc in six months

KARACHI: Remittances from overseas Pakistanis jumped 10 per cent to $10.718 billion during the first six months of this fiscal year as compared to $9.744bn in same period last year, reported the State Bank of Pakistan on Thursday. However, inflows in ...

Remittances rise 10pc to $10.7bln in first half of FY19 The News International

KARACHI: The amount of money sent by Pakistani workers living abroad increased 10 percent in the first half of the fiscal year 2018/19, the State Bank of Pakistan (SBP) date showed on Thursday. Remittances touched $10.718 billion in July-December FY19, ...

Foreign reserves plunge by $230.9mn due to external debt servicing ARY NEWS

KARACHI: The State Bank of Pakistan (SBP) on Thursday reported a dip of $230.9mn in its foreign exchange reserves, because of the external debt servicing and other payments, ARY News reported. In a data released by the central bank in its weekly report ...

Overseas Pakistanis remit $10.7b in H1 of FY19 Pakistan Observer

Staff Reporter. Karachi. Overseas Pakistani workers remitted US$ 10718.78 million in the first half (July to December) of FY19, showing a growth of 10% compared with US$ 9744.75 million received during the same period in the preceding year.

Excessive budgetary borrowings Business Recorder

It is sad to note that the government is borrowing heavily from the central bank to finance its widening fiscal deficit. According to the latest data released by the State Bank of Pakistan (SBP), the Federal government's borrowings for budgetary ...

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