{"id":9032,"date":"2024-10-11T05:38:58","date_gmt":"2024-10-11T05:38:58","guid":{"rendered":"https:\/\/gsrra.com\/?p=9032"},"modified":"2024-10-11T05:39:00","modified_gmt":"2024-10-11T05:39:00","slug":"overseas-pakistanis-set-new-record-in-dollar-remittances-sending-8-8bn","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=9032","title":{"rendered":"Overseas Pakistanis set new record in dollar remittances, sending $8.8bn"},"content":{"rendered":"\n<p><strong>Workers&#8217; remittances for Sept reach an all-time high of $2.85bn, the largest ever in a single month<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.samaa.tv\/images\/roshan-digital-accounts-remittances.jpg\" alt=\"Overseas Pakistanis set new record in dollar remittances, sending $8\"\/><\/figure>\n\n\n\n<p><strong>Overseas Pakistanis have set a new record in dollar remittances, sending $8.8 billion in the first quarter of the current fiscal year.<\/strong><\/p>\n\n\n\n<p>This surge in inflows marks a significant boost for Pakistan&#8217;s economy, as remittances have surpassed expectations, even exceeding the funds received from the recent IMF deal.<\/p>\n\n\n\n<p>According to monthly and quarterly data released by the State Bank of Pakistan (SBP), overseas Pakistanis sent more dollars than the IMF deal in just three months. Workers&#8217; remittances for September 2024 reached an all-time high of $2.85 billion, the largest amount ever received in a single month.<\/p>\n\n\n\n<p>The first quarter of the fiscal year saw a 29% increase in remittances monthly and a remarkable 49% increase on an annual basis.<\/p>\n\n\n\n<p>Experts believe that this sharp rise in remittances will help Pakistan achieve a current account surplus and contribute to the stability of the Pakistani rupee. The record inflows demonstrate the resilience and dedication of overseas Pakistanis in supporting the nation&#8217;s economy during challenging times.&nbsp;<\/p>\n\n\n\n<p>Reference Link:- <a href=\"https:\/\/www.samaa.tv\/2087322143-overseas-pakistanis-set-new-record-in-dollar-remittances-sending-8-8bn\" target=\"_blank\" rel=\"noopener\">https:\/\/www.samaa.tv\/2087322143-overseas-pakistanis-set-new-record-in-dollar-remittances-sending-8-8bn<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Workers&#8217; remittances for Sept reach an all-time high of $2.85bn, the largest ever in a single month Overseas Pakistanis have set a new record in dollar remittances, sending $8.8 billion in the first quarter of the current fiscal year. This surge in inflows marks a significant boost for Pakistan&#8217;s economy, as remittances have surpassed expectations, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[132,105,3522,36,4756,3065,4754,4755,4381],"class_list":["post-9032","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sample-category","tag-economy","tag-geopolitics-2","tag-overseas-pakistanis-2","tag-pakistan","tag-positive-siganals-for-economy","tag-remittances","tag-remittances-as-significant-source-of-foreign-exchange","tag-reserves-of-foreign-exchange","tag-stable-economy-2"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/9032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9032"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/9032\/revisions"}],"predecessor-version":[{"id":9034,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/9032\/revisions\/9034"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/9033"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}