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Pakistan's remittances soar 33.6% to $14.8 billion in five months, crucial for its economy.
Remittances to Pakistan surged 33.6% in the first five months of the fiscal year 2025, reaching $14.8 billion.
November saw a 29.1% increase year-over-year to $2.9 billion, though it dipped 5% from October.
The growth is attributed to economic recovery, IMF loans, a stable currency, and increased migration.
Saudi Arabia, UAE, UK, and the US are major sources.
Political stability is crucial to maintain these inflows, which are vital for the country's economy.
4 months ago
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