{"id":50673,"date":"2019-03-12T10:49:01","date_gmt":"2019-03-12T05:49:01","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=50673"},"modified":"2019-03-12T10:49:01","modified_gmt":"2019-03-12T05:49:01","slug":"rise-in-remittances-recorded","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/rise-in-remittances-recorded.html","title":{"rendered":"Rise in remittances recorded"},"content":{"rendered":"<p>Karachi: The State Bank of Pakistan (SBP) on Tuesday said that remittances increased to USD 14.35 billion during the first eight months of the current fiscal year (FY2018-19) &#8211; a news source reported.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/pm-holds-meeting-on-remittances.html\">PM holds meeting on remittances<\/a><\/p>\n<p>According to SBP, remittances during the same period in the last fiscal year amounted to USD 12.83 billion. It said that the current amount of inflows represented an increase of 11.8% as compared to the last FY.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/no-wht-on-withdrawal-of-remittances.html\">No WHT on withdrawal of remittances<\/a><\/p>\n<p>Saudi Arabia once again topped the list of biggest inflows. Remittances from the Middle Eastern kingdom increased by 2.41% to reach US 3.34 billion during the first eight months of the current FY. Previously, State Bank had recorded inflows of PKR USD 3.26 billion.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/remittances-up-by-10-in-six-months.html\">Remittances up by 10% in six months<\/a><\/p>\n<p>The UAE came in at a close second, with recorded inflows of USD 3.036 billion. This is a 6.75% increase from last year, which saw inflows of USD 2.84 billion.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/remittances-record-12-rise-in-seven-months.html\">Remittances record 12% rise in seven months<\/a><\/p>\n<p>Overseas Pakistanis in Gulf countries, United States, and the United Kingdom also contributed heavily to the remittance register.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The State Bank of Pakistan (SBP) on Tuesday said that remittances increased to USD 14.35 billion during the first eight months of the current fiscal year (FY2018-19) &#8211; a news source reported. Read:\u00a0PM holds meeting on remittances According to SBP, remittances during the same period in the last fiscal year amounted to USD 12.83 billion. It said that the current amount of inflows represented an increase of 11.8% as compared to the last FY. Read:\u00a0No WHT on withdrawal of remittances Saudi Arabia once again topped the list of biggest inflows. Remittances from the Middle Eastern kingdom increased by 2.41% to reach US 3.34 billion during the first eight months of the current FY. Previously, State Bank had recorded inflows of PKR USD 3.26 billion. Read:\u00a0Remittances up by 10% in six months The UAE came in at a close second, with recorded inflows of USD 3.036 billion. This is a 6.75% increase from last year, which saw inflows of USD 2.84 billion. Read:\u00a0Remittances record 12% rise in seven months Overseas Pakistanis in Gulf countries, United States, and the United Kingdom also contributed heavily to the remittance register.<\/p>\n","protected":false},"author":67,"featured_media":42102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[11036],"persona":[],"class_list":{"0":"post-50673","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-rise-in-remittances-recorded"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rise in remittances recorded - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The State Bank of Pakistan (SBP) on Tuesday said that remittances increased to USD 14.35 billion during the first eight months of the current\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/rise-in-remittances-recorded.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rise in remittances recorded - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The State Bank of Pakistan (SBP) on Tuesday said that remittances increased to USD 14.35 billion during the first eight months of the current\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/rise-in-remittances-recorded.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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