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Pakistan’s remittances surge by 33 pct in first 5 months of FY 2025

ISLAMABAD, Dec. 9 (Xinhua) — Remittances sent by overseas Pakistani workers in the first five months of the 2024-25 fiscal year witnessed an increase of 33.33 percent as compared to the corresponding period of last year, the State Bank of Pakistan (SBP) said on Monday.

The remittances reached 14.8 billion U.S. dollars during July-November 2024-25 as against the remittances of 11.1 billion U.S. dollars received