Remittances from overseas Pakistanis rose to $2.3b in Sept: PM Imran

Remittances from overseas Pakistanis rose to $2.3b in Sept: PM Imran

Islamabad (Web Desk): Prime Minister Imran Khan has said that there is good news for Pakistan’s economy despite Covid-19.


In a tweet on Monday, the premier said that remittances from the hardworking overseas Pakistanis rose to $2.3 billion in September 2020, which is 31% higher than September 2021 and 9% higher than August 2020.

PM Imran added that this marks the fourth consecutive month that remittances have remained above $2 billion.

On the other hand, the rising food prices had reportedly pushed inflation to 10.7 percent in the last fiscal year, which is now projected to slow to 7.5 percent this fiscal year.

On Saturday, Prime Minister Imran Khan stated that the government will use all resources to bring food prices down.

Starting Monday in coming week, our govt will use all the resources at the disposal of the state to bring down food prices, the premier tweeted, adding that the government is already examining causes of the price hikes: whether there is a genuine supply shortage or simply hoarding by mafias; smuggling, if any.