No one has claimed responsibility for the attack in Balochistan province in Pakistan’s southwest
Pakistan's remittances hit all-time monthly high of $2.8bn in April
Remittances from Pakistani workers employed abroad rose to a record monthly high of $2.8 billion in April, 56% higher than a year earlier, the central bank said on Tuesday.
Published : 18 May 2021, 07:01 AM
Updated : 18 May 2021, 09:37 AM
On a cumulative basis, remittances also surpassed the previous record.
Proactive policy measures by the government and State Bank to encourage more inflows through banking channels, curtailed cross border travel due to the pandemic, and Eid holiday-related inflows contributed to the record levels of remittances this year, the central bank said.
"I have always believed overseas Pakistanis to be our greatest asset," Prime Minister Imran Khan said on Twitter.
The inflows came mainly from Saudi Arabia, at $6.4 billion, the United Arab Emirates, $5.1 billion, Britain, $3.3 billion, and the United States, $2.2 billion, the central bank said, referring to cumulative figures.
RELATED STORIES
People fearing air strikes queued at the border a day after the town of Myawaddy fell to anti-junta rebels
At least 100 men have been conscripted into the military junta’s efforts to quell insurgents
India allows exports of essential goods to Maldives despite strained ties
