Remittances jump by 35pc in July-October
KARACHI: Remittances from overseas Pakistani workers surged 35 per cent in the first four months of the current fiscal year, State Bank of Pakistan (SBP) data showed on Friday.
The country received $11.8 billion during July-October FY25 compared to $8.8bn in the same period last year, an increase of 34.7pc. Inflows in October rose year-on-year 24pc and month-on-month 6.7pc to $3.05bn.
The country is struggling to arrange $26bn to meet external debt repayment obligations in the current fiscal year.
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