Monthly remittances hit an 18-month low For the first time since August 2020, less than 2 2.2 billion in remittances were received in a single month

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 Lahore  The monthly volume of remittances reached its lowest level in 18 months, for the first time since August 2020, less than ارب 2.2 billion remittances were received in a single month. According to the details, the government, which was hoping for a record increase in the volume of remittances, has been hit hard by the release of January 2022 figures. According to a message released on social networking site Twitter, Pakistan received a total of ارب 2.14 billion in remittances in January 2022. Is the minimum volume. For the first time since August 2020, less than ارب 2.2 billion in remittances were received in a single month.


However, remittances rose to a record 18 18 billion in the first seven months of fiscal year 22, up 9.1 percent from the same period last year.


According to the SBP, workers sent 2.14 billion in remittances in January 2022, bringing remittances to more than 2 2 billion for the 20th consecutive month. Remittances were down 5 percent from January 2021, partly due to travel restrictions To be soft Remittances were down 14.9 percent from the previous month due to the season. In January 2022, most remittances came from Saudi Arabia  40/540  million, the United Arab Emirates 37 374 million), and the United Kingdom 20/320 million to 8 208 million.

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