Remittances rose to $2.7 bn in March, 43% higher than last year: PM Imran Khan

Overseas Pakistanis sent over two billion dollars for tenth straight months despite Covid-19, PM – Imran Khan

Prime Minister Imran Khan has said the remittances have so far witnessed an increase of twenty six percent during this financial year.

In a tweet today (Monday), he thanked the overseas Pakistanis for sending record remittances saying their love and commitment for Pakistan is unparalleled.

He said the overseas Pakistanis sent over two billion dollars for tenth straight months despite Covid-19, breaking all records.

Meanwhile in a tweet, Finance Minister Hammad Azhar said the workers remittances have recorded an increase of forty-three percent in March compared to the same time last year.

In an other tweet  Imran Khan says PTI government has introduced another landmark reform of Pakistan Single Window Act 2021 that paves the way for ease in imports and exports.

he said Pakistan Single Window will bring 500 million dollars annual savings and reduce cargo clearance time from days to hours by integrating 75 regulatory departments, including customs, banks, port authorities, shipping companies and brokers.

The Prime Minister said an independent authority will manage the Pakistan Single Window, which will be pivotal in unlocking Pakistan’s potential to become a hub for international transit and trade.

Prime Minister Imran Khan will deliver the opening statement at the UN Economic and Social Council Forum on Financing for Development today (Monday).

The four-day Forum is being held virtually under Pakistan’s Presidency of ECOSOC.

The objective of the Forum is to mobilize adequate financial support to enable the developing to recover from the impact of the COVID-19 pandemic and achieve the Sustainable Development Goals and the climate objectives.

Prime Minister Imran Khan has been in the forefront of the international efforts to provide developing countries with the fiscal space and liquidity to respond to the current COVID-19 induced economic recession.

In his address, the Prime Minister will call on the international community to take bold and urgent decisions to respond to the challenges posed by the pandemic crisis, achievement of the Sustainable Development Goals, and climate solutions.

Ten Heads of State/Government and 50 Ministers will participate in the Special Segment, which will be inaugurated by Prime Minister Imran Khan.

The Forum envisages six panel discussions revolving around the themes of resilient recovery, recurrent debt crises, pandemic response and a climate resistant future.

Foreign Minister Shah Mahmood Qureshi will virtually introduce Pakistan’s investment opportunities and projects to the investors at the Fair being organized on the side-lines of the Forum.