KARACHI: Remittances from overseas Pakistanis during December 2020 rose by 16.2 per cent year-on-year to $2.436 billion, compared to $2.097bn in December 2019, clocking in above $2bn mark for the seventh consecutive month, according to the latest data released by the State Bank of Pakistan (SBP) on Friday.
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"Remittances from overseas Pakistanis rose further to $2.4bn in December 2020, up 16.2pc compared to December 2019 and up 4.2pc over November 2020. For the first six months of this fiscal year, remittances have reached $14.2bn and risen 24.9pc over last fiscal year,"