Pakistan received remittances in a range of $1.78-1.90 billion per month in the past five months - January-May 2020, according to the central bank. The head of remittances department at a top bank said the country attracted higher remittances despite 200,000-250,000 Pakistanis lost jobs abroad during the pandemic. Owing to that, non-resident Pakistanis sent money to their family members and friends back home through official channels like banks and currency exchange firms. Overseas Pakistanis sent remittances worth $666 million in September 2020 from Saudi Arabia compared to $516 million in the same month of last year, a growth of 29%. Pakistanis from other countries sent remittances worth $207 million in September.

Source: The Express Tribune October 13, 2020 03:22 UTC