Mettis Global·3 min read·medium
Remittances to cross $41.5bn in FY26: SBP Governor
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✦AI Summary
The State Bank of Pakistan projects that workers' remittances will exceed $41.5 billion for the 2025-26 fiscal year. The central bank also announced it will discontinue government-subsidized remittance incentive schemes while maintaining free services for overseas citizens.
Why it matters
Remittances are a critical pillar of Pakistan's economic stability and foreign exchange reserves.
MG News | July 03, 2026 at 11:44 AM GMT+05:00
businesseconomy
Political Bias
Center
LeftLean LCenterLean RRight
Confidence: 85%
The article focuses on financial reporting and official government statements.
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