Remittances: Overseas Pakistanis Send $3.89bn in October, Nearly Covering Trade Deficit
Pakistan received $14.77 billion in workers’ remittances during the first four months of FY27, almost matching its $14.6 billion merchandise trade deficit.
Pakistan received $14.77 billion in workers’ remittances during the first four months of FY27, almost matching its $14.6 billion merchandise trade deficit.
The benchmark index gained 3.13% as strong remittance inflows, declining global crude prices and easing US-Iran tensions lifted investor sentiment.
Inflows increase 13.8% year-on-year and 8.5% month-on-month, taking total remittances for the first four months of FY27 to $14.8 billion.