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Economy

Pakistan worker’s remittances as of October 2020

Pakistan Workers’ remittances data showed remittances remained above $ 2.0 billion for the fifth consecutive month in October 2020.

The workers’ remittances amounted to $ 2.3 billion during October 2020, increasing by 14.1% compared to October 2019.
During Jul-Oct FY21, workers’ remittances increased to $9.4 billion, recording a growth of 26.5% over the same period last year.
A large part of the increase in October 2020 was sourced from Saudi Arabia which was 30% to be specific, 16% from the United States. among the sources was the United Kingdom as well contributing a considerable part to the remittances.

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