Inside Financial Markets

Expatriate Pakistanis send $ 55.01 billion in last five years

Rupees1-480x238Expatriate Pakistanis send $ 55.01 billion in last five years

ISLAMABAD Aug 25, (APP) The home remittances sent from expatriate Pakistanis to their siblings and families have almost doubled in last five years, revealed in the documents placed by the ministry of Finance in parliament. The expatriate Pakistanis have sent US $ 55.01 billion in last five years. The home remittances have registered a phenomenal increase of US $ 13.92 billion in 2012-13 as comparing to US $ 7.81 billion in 2008-09.  The expatriate Pakistanis have sent $ 7.81 billion in 2008-09 to their families, $ 8.90 billion in 2009-10, $ 11.20 billion in 2010-11, $ 13.18 billion in 2011-12 and $ 13.92 billion in 2012-13.

Sanie Khan

Sanie Khan holds a deep knowledge of the financial markets in Pakistan. Based in Karachi, he has over 20 years of hands-on management experience in financial technologies and managing operations in the financial sector. He was the General Manager at the Pakistan Stock Exchange (PSX) for 17 years. He along-with senior members of Exchange

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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)