Karachi June 10 2022: Remittances of $2.3 billion were received in May 2022, according to data published by State Bank of Pakistan (SBP).
As expected, remittances in May moderated compared to previous months, largely due to the usual seasonal post Eid decline and long holiday.
At $28.4 billion, remittances have grown by 6.3% during the first 11 months of FY22, compared to the same period last year.
