Remittances decline 13.1pc YoY to $1.9bn in January

[RIP Pak LAW]

Remittances declined for the fifth consecutive month in January, clocking in at $1.9 billion, data shared by the State Bank of Pakistan (SBP) showed on Monday.

Remittances decline 13.1pc YoY to $1.9bn in January

On a month-on-month basis, remittances decreased by 9.8pc.

www.dawn.com

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Another day, another accomplishment of 'Imported Government' and their 'handlers' in Khakhi uniform.

 

[AZ1]

I think feb and then ramadan, eid and bari eid we will manage.

 

[Olympus81]

I think feb and then ramadan, eid and bari eid we will manage.

Manage what?

Historically YoY there is an increase. This time its a decrease of 13%.

 

[AZ1]

Manage what?

Historically YoY there is an increase. This time its a decrease of 13%.

In that case all pdm has to do is ask media channel to run a news saying remittance in rupees rather than in dollars and awam will be happy to see increase

 

[AZ1]

https://twitter.com/x/status/1625082269634535424

 

[IceCold]

Good! If they cant allow Expats to vote, they have no right to ask for their money.

 

[Olympus81]

Lets see post Ramzan and pre Bakra eid trends.

 

[NooriNuth]

I saved up 30k GBP to buy land in Pakistan.
I am not doing it after those thieves came to power.
Reason is I don't trust them.
And my measly 30k gbp is nothing compared to what other Pakistanis abroad are holding back.

 

[Riz]

well done bajway very well done

 

[kingQamaR]

I’m guessing it’s cost of living effecting Ex-Pats every thing from basic food items to energy has sky rocked. People won’t have monies to send like before I think

 

[lightning F57]

I actually thought might be even lower, but maybe the weaker rupee has caused people to send more money, I know family members that have ahead of Ramadan.

 

[N.Siddiqui]

The loss in exports and remittances is at around 14 billion USD.

PDM is coming with fake figure of increase in exports in rupees, this loss includes the export target for year 2022-23, in USD which is not achievable with huge fall in textile exports.

And begging for 1.1 billion USD from IMF.

Stellar financial policies by the Munshi Dar.

 

[TheSolution]

In the long term I think this is good for Pakistan.

It has woken the nation up significantly which was previously thought impossible. Even the army is not beyond criticism.

And they've seen the severe consequences of their political meddling and the reputation of PDM is being thrashed since this economic crisis.

Overall the khakis took a massive L and everything backfired, Imran Khan was ousted for a while but this time he will probably return with even more support and any harsh measures can be blamed on the army and PDM.

 

[Olympus81]

In the long term I think this is good for Pakistan.

It has woken the nation up significantly which was previously thought impossible. Even the army is not beyond criticism.

And they've seen the severe consequences of their political meddling and the reputation of PDM is being thrashed since this economic crisis.

Overall the khakis took a massive L and everything backfired, Imran Khan was ousted for a while but this time he will probably return with even more support and any harsh measures can be blamed on the army and PDM.

Except that Immi will not be allowed back.

He will be disqualified, exiled, assassinated in that order of magnitude based on threat perception.

The blowback will have to be managed, but the supremacy of establishment inc has to be maintained and perpetuated further.

 

[TheSolution]

Except that Immi will not be allowed back.

He will be disqualified, exiled, assassinated in that order of magnitude based on threat perception.

The blowback will have to be managed, but the supremacy of establishment inc has to be maintained and perpetuated further.

We will see.

I am hearing talks of his return soon, given some things he accepts.