Business

Over 9pc increase in remittances shows surge in foreign exchange inflow

Over 9pc increase in remittances
Over 9pc increase in remittances shows surge in foreign exchange inflow. 

During November 2019, overseas Pakistanis remittances amounted $ 1.81 billion.

Over 9pc increase in remittances

As compared to November 2018, it posted an increase of 9.4%.
Meanwhile, spokesperson for the Finance Division Omar Hamid Khan disclosed five months remittances of FY 2019-20.
In his tweets, he stated 5-month remittances reached US$ 9.3 billion.
The government believes that it will further strengthen the external account.

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