Pak remittances remain over $2bn for 10th month


Islamabad, April 13 | Pakistan’s remittances remained over $2 billion in March for the 10th month in a row, the country’s central bank said.

The remittances rose to $2.7 billion in March 2021, which was 20 per cent higher than those of February and 43 per cent higher than those of March 2020, Xinhua news agency quoted a statement by the State Bank of Pakistan (SBP) issued on Monday as saying.

“Cumulatively during July-March of FY21 (from July 2020 to June 2021), remittances have risen to $21.5 billion, up by 26 per cent over the same period of FY20,” the statement said.

The central bank termed proactive policy measures by the government and the SBP to encourage more inflows through formal banking channels, limited cross-border travel in the face of Covid-19, medical expenses and altruistic transfers to Pakistan amidst the pandemic as the main reasons for the increasing remittances.

“Orderly foreign exchange market conditions are also continuing to contribute to this sustained rise in workers’ remittances,” said the statement.

Prime Minister Imran Khan on Monday hailed the increase in the remittances and expressed gratitude to overseas Pakistanis for their support.

Source: IANS

Next Story

Recruitment Mantra to introduce its new job portal MyhireIndia for a seamless recruitment process

Recruitment Mantra to introduce its new job portal MyhireIndia for a seamless recruitment process

India witnessed massive downfall in the employment rate in the year 2020. Not only have the youth been denied equal job opportunities, but some of the upcoming job trends have also failed the modern age individuals.

Today, job sites are the most widely used portals used by individuals across the globe to find the right job that meets the qualification requirements. Every job is one search away. These portals have transformed the recruitment process to provide seamless and unified  experience to individuals.

Crediting the same, Recruitment Mantra is going to introduce their own job portal named to enable recruiters and individuals find the best job as per their requirement. The portal will enable employers to post unlimited jobs in this portal and hire the right talented candidates as per their requirements at free of cost. Jobseekers can register and upload their CV in this portal free of cost and can also search and apply for unlimited job openings through this portal.

Emerging as one of the best job sites in India that acts as a bridge between recruiters and job seekers, the platform has uniquely been curated to serve as a comprehensive for both students and young professionals looking for employment opportunities in their preferred location.

As one of the best job portals in India, MyhireIndia allows its users to search for either internship or job opportunities within a few clicks. The company review section enables the users to go through the reviews from the companies registered on the platform to get a glimpse of the work-life at the firm behind the curtain.

  • Keyword search: The keyword search function available on job search sites allows users to look for his/her preferred jobs in a single-click just by typing in the job keyword like retail jobs, media, pharmacy job, etc. on the keyword search bar.
  • User-friendly interface: The job site is developed for the key purpose of making job searches easier for its users. A user-friendly interface allows users to browse through job opportunities in his/her preferred areas of life without losing his/her focus in doing the same.
  • Options to filter preferences: The filters available on the job site allow users to filter out their job preferences exactly according to their needs and requirements. You can filter out your job search with your location, salary, job type, and other preferences.
  • Easy application process: If a job site has a complicated application option for jobs, it will automatically receive backlash for its services. The platform serves an easy application option to users, allowing them to apply for jobs within minutes.


Please enter your comment!
Please enter your name here