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Tag: cross-border transactions

Pakistan external financing
Business
  • Web Desk
  • Mar 08, 2024
Workers’ remittances dip by 6.18% in February

In a recent report by the State Bank of Pakistan (SBP), workers’ remittances for February witnessed a month-over-month (MoM) decline of 6.18 per cent, amounting to $2.25 billion compared to the previous month’s $2.4 billion.

remittances
Business
  • Web Desk
  • Feb 12, 2024
Overseas workers’ remittances rise by 26% YoY to $2.4 billion

In January 2024, the influx of remittances from overseas workers reached $2.4 billion, marking a 1 per cent increase.

Latest

The federal government has decided to present the budget for the upcoming fiscal year on June 10 instead of June 5, citing the need for further consultations with coalition partners: File Photo
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  • 21 Minutes ago
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US President Donald Trump has confirmed he will attend the rescheduled White House Correspondents’ Association (WHCA) dinner on July 24, announcing the decision in a Truth Social post: File Photo
  • Web Desk
  • 9 Hours ago
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Iran is reportedly reviewing a proposed agreement with the United States aimed at halting the ongoing conflict, although Iranian media claims there has been no direct communication with Washington for several days: File Photo
  • Web Desk
  • 10 Hours ago
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Citizens in Islamabad and Peshawar experienced a sudden change in weather as both cities received rainfall accompanied by strong winds and stormy conditions: File Photo
  • Web Desk
  • 10 Hours ago
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Federal government has introduced revised business operating hours in the capital as part of an austerity-driven policy initiative: File Photo
  • Web Desk
  • 10 Hours ago
Islamabad announces new timings for businesses under austerity plan
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