Connect with us

Politics

Remittances up 31% in first two months of the year: PM Imran

Published

on


Prime Minister Imran Khan said on Monday that the remittances received by the country increased by 31% in the first two months of the fiscal year compared to the same period last year.

Praising Pakistanis overseas, the prime minister said remittances of $ 2,095 million were received in August, an increase of 24.4%.

Pakistanis overseas sent $ 2,095 million in remittances in August 2020 – 24.4% more than in August last year – on top of a record $ 2,768 million in July 2020. For the first two months of this fiscal year, our remittances increased by 31% compared to the same period last year. Al Hamdulillah

– Imran Khan (mImranKhanPTI) September 14, 2020

Earlier in July, the prime minister said remittances to Pakistan reached $ 2,768 million in July 2020 – the highest ever in a month in Pakistan’s history.

The country breakdown of remittances showed that the highest amount – $ 821.55 million – in July came from Saudi Arabia, followed by $ 538.19 million from the United Arab Emirates (UAE). As of June 2020, remittances from Saudi Arabia and the United Arab Emirates stood at $ 619.43 million and $ 431.68 respectively.

According to statistics from the State Bank of Pakistan (SBP), overseas Pakistanis transferred $ 443.13 million from Dubai, $ 393.91 million from UK, $ 250.6 million from the United States, $ 88.29 million from Abu Dhabi and $ 4.69 million from Sharjah in July.

Remittances from other Gulf countries were recorded at $ 296.95 million, including $ 42.62 million from Bahrain, $ 69.83 million from Kuwait, $ 82.49 million from Qatar and $ 102 million. of Oman dollars. SBP data, however. Showed a significant drop in US remittances to $ 250.6 million in July, from $ 451 million in June.

Remittances received from European countries last month were $ 227.57 million. They included Germany $ 35.34 million, France $ 32.99 million, the Netherlands $ 4.5 million, Spain $ 38.9 million, Italy $ 49.46 million. dollars, Greece $ 20.01 million, Sweden $ 4.85 million, Denmark $ 6 million, Ireland $ 12.25 million and Belgium $ 23.27 million.

Pakistan received $ 22.25 million from Malaysia, $ 10.91 million from Norway, $ 2.83 million from Switzerland, $ 52.11 million from Australia, 43.13 million from Canadian dollars and 9.31 million Japanese dollars. The SBP said $ 98.82 million had been received from other countries, for a total of $ 2,768.13 million as of July 2020. As of June 2020, the total remittances received from these countries were amounted to $ 2,466.28 million.

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos



picture credit

ExBUlletin

to request, modification Contact us at Here or [email protected]

Please disable the ad-blocker on this page to see the content

plus