Remittances to Pakistan Stay Above $2 Billion for Sixth Consecutive Month

Source: Zawya

Remittances to Pakistan stayed above $2 billion for the sixth consecutive month in November, the country’s central bank said.

According to State Bank of Pakistan, workers’ remittances rose to $2.34 billion in November, 2.4 percent higher than October 2020 and 28.4 percent higher than November 2019. Remittance inflows during the first five months were mainly sourced from Saudi Arabia ($3.3 billion) followed by the UAE ($2.4 billion), UK ($1.6 billion) and US ($1 billion).