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PM Sharif Commits to Boost Workers' Remittances Scheme

7/27/2025

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Summary

Story summary

Prime Minister Shehbaz Sharif has pledged to keep Pakistan's Workers’ Remittances Incentive Scheme alive, urging the Ministry of Finance to expedite fund releases. This move comes after a remarkable $38.3 billion in remittances for fiscal year 2025, vital for bolstering economic stability and securing a current account surplus. The government is also focused on simplifying remittance procedures for its citizens abroad.

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Story summary

Prime Minister Shehbaz Sharif has pledged to keep Pakistan's Workers’ Remittances Incentive Scheme alive, urging the Ministry of Finance to expedite fund releases. This move comes after a remarkable $38.3 billion in remittances for fiscal year 2025, vital for bolstering economic stability and securing a current account surplus. The government is also focused on simplifying remittance procedures for its citizens abroad.