{"id":75552,"date":"2021-04-13T17:44:19","date_gmt":"2021-04-13T12:44:19","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=75552"},"modified":"2021-04-13T17:44:24","modified_gmt":"2021-04-13T12:44:24","slug":"pakistan-receives-usd-2bn-in-remittances-for-10th-month","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pakistan-receives-usd-2bn-in-remittances-for-10th-month.html","title":{"rendered":"Pakistan receives USD 2bn+ in remittances for 10th consecutive month"},"content":{"rendered":"\n<p>Lahore: The State Bank of Pakistan (SBP) on Monday revealed that remittances from overseas Pakistanis have exceeded USD 2 billion for the 10th consecutive month in March \u2013 amounting to USD 2.7 billion which is 43% higher than the corresponding figures of last year, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/moodys-expects-pakistans-remittances-grow.html\" target=\"_blank\" rel=\"noreferrer noopener\">Moody\u2019s expects Pakistan\u2019s remittances to grow in coming years<\/a><\/p>\n\n\n\n<p>The official SBP statement associated this consistent increase to the proactive policy steps taken by the government and the SBP \u2013 which spurred inflows through formal channels. Other contributing factors include limited cross-border travel, medical expenses and altruistic transfers amid the pandemic.<\/p>\n\n\n\n<p>Moreover, Prime Minister <a href=\"https:\/\/www.zameen.com\/news\/december-termed-record-breaking-month-for-remittances.html\" target=\"_blank\" rel=\"noreferrer noopener\">Imran Khan<\/a> also lauded the development on Twitter and expressed gratitude for the commitment and love of overseas Pakistanis.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/pakistan-sees-surge-in-remittances-for-8th-consecutive-month.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan sees surge in remittances for 8th consecutive month<\/a><\/p>\n\n\n\n<p>Reportedly, the large share of remittances that came in from July to March in fiscal year (2020-21) FY21 were from Saudi Arabia \u2013 amounting to USD 5.7 billion. The second highest contributions came from the United Arab Emirates (UAE), which amounts to USD 4.5 billion. Overseas Pakistanis who have contributed are reported to be settled in Britain (USD 2.9 billion) and in United States (USD 1.9 billion), the central bank said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The State Bank of Pakistan (SBP) on Monday revealed that remittances from overseas Pakistanis have exceeded USD 2 billion for the 10th consecutive month in March \u2013 amounting to USD 2.7 billion which is 43% higher than the corresponding figures of last year, according to news sources. Read: Moody\u2019s expects Pakistan\u2019s remittances to grow in coming years The official SBP statement associated this consistent increase to the proactive policy steps taken by the government and the SBP \u2013 which spurred inflows through formal channels. Other contributing factors include limited cross-border travel, medical expenses and altruistic transfers amid the pandemic. Moreover, Prime Minister Imran Khan also lauded the development on Twitter and expressed gratitude for the commitment and love of overseas Pakistanis. Read: Pakistan sees surge in remittances for 8th consecutive month Reportedly, the large share of remittances that came in from July to March in fiscal year (2020-21) FY21 were from Saudi Arabia \u2013 amounting to USD 5.7 billion. The second highest contributions came from the United Arab Emirates (UAE), which amounts to USD 4.5 billion. Overseas Pakistanis who have contributed are reported to be settled in Britain (USD 2.9 billion) and in United States (USD 1.9 billion), the&hellip;<\/p>\n","protected":false},"author":75,"featured_media":64432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[45690],"persona":[],"class_list":{"0":"post-75552","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-pakistan-receives-usd-2bn-in-remittances-for-10th-month","10":"cat-15016-id","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan receives USD 2bn+ in remittances for 10th month - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The State Bank of Pakistan (SBP) on Monday revealed that remittances from overseas Pakistanis have exceeded USD 2 billion for the 10th consecutive\" \/>\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\/pakistan-receives-usd-2bn-in-remittances-for-10th-month.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan receives USD 2bn+ in remittances for 10th month - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The State Bank of Pakistan (SBP) on Monday revealed that remittances from overseas Pakistanis have exceeded USD 2 billion for the 10th consecutive\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pakistan-receives-usd-2bn-in-remittances-for-10th-month.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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