$150 billion Remittances to Pakistan in 5 Years

Over the course of five years, spanning from 2017 to 2022, Pakistan witnessed a substantial influx of remittances amounting to an impressive $150 billion. This noteworthy financial boost positioned the country as the fifth-highest recipient of remittances globally in the year 2022. The revelations emerged during the 2nd Albaraka Regional Conference, which focused on the pivotal role of home remittances. Held on Monday, this conference shed light on Pakistan’s economic landscape, showcasing the significant contribution of remittances to the nation’s financial fabric.
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