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Pakistan's Remittances Soar to Record $3.1 Billion

1/12/2025

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Summary

Story summary

In December 2024, Pakistan celebrated a remarkable surge in remittances, hitting an all-time high of $3.1 billion—a stunning 29.3% increase from last year. The first half of the fiscal year also saw a 32.8% rise, totaling $17.8 billion. Prime Minister Shehbaz Sharif praised the dedication of overseas Pakistanis and the impact of strategic government initiatives.

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Story summary

In December 2024, Pakistan celebrated a remarkable surge in remittances, hitting an all-time high of $3.1 billion—a stunning 29.3% increase from last year. The first half of the fiscal year also saw a 32.8% rise, totaling $17.8 billion. Prime Minister Shehbaz Sharif praised the dedication of overseas Pakistanis and the impact of strategic government initiatives.