PM hails record $4.1b remittances in March

State Bank of Pakistan (SBP) Governor Jameel Ahmad on Monday revealed that remittances reached an all-time high of $4.1 billion in March—a development hailed by Prime Minister Shehbaz Sharif as a reflection of overseas Pakistanis trust in the government's policies. The governor was addressing the gong ceremony held at the Pakistan Stock Exchange (PSX) to celebrate Pakistan Financial Literacy Week 2025. He said the record inflow partly reflected the result of the government and the SBP efforts to incentivise the channeling of inflows via formal channels, as well as smooth functioning of the domestic FX market. He said that total remittances for FY25 are expected to be around $38 billion. The prime minister expressed his pleasure as foreign remittances sent by overseas Pakistanis in a month crossed the $4 billion mark for the first time in the country's history, terming it a reflection of their trust in the government's policies. The prime minister, in a statement, also thanked the Pakistani expatriates for sending a record $4.1 billion during March this year, taking the current fiscal year's foreign remittance volume to $28 billion. He said that a surge of 37.4% in foreign remittances was recorded compared to March last year. He said that the announcement of a record increase in remittances during the ongoing Overseas Pakistanis Convention in Islamabad reflected the dedication, passion, and trust of overseas Pakistanis in the country's economy and the government's policies. Calling them a valuable asset, Prime Minister Shehbaz said that overseas Pakistanis working tirelessly abroad not only made the nation proud but also strengthened the national economy through remittances. He said that the entire nation was proud of hardworking overseas Pakistanis and the incumbent government was fully committed to providing them with all necessary facilities.

اگر آپ اس خبر کے بارے میں مزید معلومات حاصل کرنا چاہتے ہیں تو نیچے دیے گئے لنک پر کلک کریں۔

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