Remittances from overseas Pakistanis shows over 12% growth: minister

Remittances from overseas Pakistanis shows over 12% growth: minister

Islamabad (Staff Report): Finance Minister Asad Umar has said that remittances from overseas Pakistanis have witnessed over 12 percent increase during the last six months.


The Finance Minister said that economy visibly responding to the stabilization after measures taken by the PTI Government.

“Remittances from overseas Pakistani's up 1.4 billion $ in jul to jan vs same period last year. Total remittance recieved in jul to jan is 12.77 billion $ which is 12.2% higher than last year. Visible marked improvement in external account indices showing up,” Asad Umar said in a tweet.

He said trade data of Pakistan Bureau of Statistics shows that exports last month were recorded higher and imports remained lower and trade deficit reduced by more than 1.1 billion dollars.