| Islamabad: The remittances from overseas Pakistanis surged by 10% year-on-year (YoY) to reach USD 2.46 billion in October 2023, marking a notable increase from the USD 2.24 billion recorded in the corresponding month of the previous year, according to news published on November 9.
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This upswing represents the highest level of remittances since March 2023, as reported by Arif Habib Limited via its official Twitter (currently known as ‘X’) handle:
On a month-on-month basis, the inflows for October 2023 witnessed a robust 11.5% increase compared to September 2023, according to data on remittances released by the State Bank of Pakistan (SBP): |
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