Remittances see ‘record increase’ in December with $3.1bn inflows

The State Bank of Pakistan on Friday said remittances from overseas Pakistanis recorded inflows of $3.1 billion in December which Prime Minister Shehbaz Sharif hailed as a “record increase”.

A statement issued today said the growth in workers’ remittances was 29.3 per cent compared to the same month last year and a 5.6pc increase in comparison to November 2024.

The SBP added that overall remittances rose 32.8pc during the first half of the fiscal year 2024-25, with inflows of $17.8bn...