PM welcomes economic upturn as remittances hit $7.3 billion in two months

The Prime Minister welcomed the improvement in key economic indicators, noting the positive trends across several sectors. During July and August, remittances rose from $6.3 billion to $7.3 billion.
This increase in remittances represented a 16.5% rise compared to the same period last year. The Prime Minister stated that overseas Pakistanis are a valuable asset, because they send their hard-earned money back home.
Exports saw a 4% increase during the period. Furthermore, total foreign investment grew by 80.2% across July and August.
Pakistan’s foreign exchange reserves currently stand at $26.8 billion. In July, large-scale manufacturing output increased by 3.03%.
Company registrations reached 10,199 in July, marking a 38.8% rise.





















































