Pakistan: Govt eyes $42.4bn in remittances
The government has not only increased the remittances target but also projected a significantly higher current account deficit (CAD) for FY27. The government set $3.6 billion CAD for FY27, which…
Workers’ Remittances Hit All-Time Monthly High of $4.25 Billion
Pakistan received a record $4.25 billion in workers’ remittances in May 2026, marking the highest monthly inflow in the country’s history and providing further support to the external sector and…
SBP launches riyal, dirham Naya Pakistan Certificates
State Bank has announced it will issue Naya Pakistan Certificates in Saudi riyal and UAE dirham, but the returns are slightly lower than those for US dollar investments. The central…
Govt eyes $10bn rice exports, assures support to exporters
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has urged rice exporters to set an ambitious target of $10 billion in rice exports and assured them of full support…
Pakistan remittances reach $3.8bn in March; Saudi Arabia and UAE lead inflows
Saudi Arabia remains the largest source, sending $918.4m in workers’ remittances in March 2026 Pakistan received $3.83 billion in workers’ remittances in March 2026, State Bank of Pakistan (SBP) data…
Pakistan: Rupee remains stable despite regional war pressures
Despite 19 days of war in the Middle East, Pakistan’s exchange rate remained stable, encouraging stakeholders, including the State Bank of Pakistan (SBP) and the government. The exchange rate has…