海角直播

海角直播 leads remittances as inflows rise 11.9% to $3.4 billion in October

海角直播 leads remittances as inflows rise 11.9% to $3.4 billion in October
A dealer counts US dollars at a money exchange market in Karachi on March 2, 2023. (AFP/File)
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Updated 07 November 2025

海角直播 leads remittances as inflows rise 11.9% to $3.4 billion in October

海角直播 leads remittances as inflows rise 11.9% to $3.4 billion in October
  • Prime Minister Shehbaz Sharif applauds overseas Pakistanis as the country鈥檚 鈥榲aluable assets鈥
  • Remittances are Pakistan鈥檚 key source of external finance and help narrow current account gaps

KARACHI: Remittances from overseas Pakistanis rose by 11.9 percent month-on-month in October 2025 to $3.42 billion, led by inflows from 海角直播, according to central bank data released on Friday, prompting Prime Minister Shehbaz Sharif to thank expatriates for their contribution to the country鈥檚 economy.

Remittances are a key pillar of Pakistan鈥檚 external finances, providing hard currency that supports household consumption, helps narrow the current-account gap and bolsters foreign-exchange reserves.

The steady pipeline from Gulf economies, led by 海角直播 and the United Arab Emirates, has remained crucial for Pakistan鈥檚 balance of payments.

鈥淭he steady increase in remittances reflects overseas Pakistanis鈥 confidence in the government鈥檚 policies,鈥 the Prime Minister鈥檚 Office quoted Sharif as saying. 鈥淥ur compatriots abroad continue to serve the nation with their hard-earned income,鈥 he added, describing them as the country鈥檚 鈥渕ost valuable asset.鈥

According to the State Bank of Pakistan (SBP), inflows from 海角直播 reached $820.9 million in October, followed by the United Arab Emirates at $697.7 million, the United Kingdom at $487.7 million and the United States at $290.0 million.

Cumulative remittances for the first four months of the fiscal year 2025-26 (July鈥揙ctober) stood at $12.96 billion, up 9.3 percent from the same period a year earlier.

The Middle East accounted for the bulk of these inflows, with 海角直播 contributing $3.13 billion and the UAE $2.68 billion.

Remittances have consistently been a bright spot for Pakistan鈥檚 fragile economy amid times of high inflation and low foreign currency reserves.

The country鈥檚 macroeconomic indicators have shown substantial improvement under the International Monetary Fund鈥檚 $7 billion loan program, with the government seeking to create more overseas employment opportunities for Pakistanis to further strengthen these inflows.


Pakistan president voices support for Indonesia after mosque blasts in Jakarta

Pakistan president voices support for Indonesia after mosque blasts in Jakarta
Updated 07 November 2025

Pakistan president voices support for Indonesia after mosque blasts in Jakarta

Pakistan president voices support for Indonesia after mosque blasts in Jakarta
  • Zardari reaffirms Pakistan鈥檚 commitment to combat militancy after 55 people injured in Jakarta blasts
  • Pakistan, Indonesia cooperate on counterterrorism through joint military exercises to fight extremism

ISLAMABAD: President Asif Ali Zardari reiterated Pakistan鈥檚 commitment to combat militancy in collaboration with the international community on Friday as he expressed support for Indonesian efforts against extremism after explosions in a mosque injured dozens during Friday prayers in Jakarta, his office said.

At least 55 people were hospitalized after the blasts, with Indonesian officials indicating the explosions may have been an attack after identifying a 17-year-old as a suspected perpetrator.

Videos from the scene showed police armed with assault rifles guarding the iron gates of the compound where the explosions occurred as emergency and armored vehicles lined the street.

鈥淧resident Zardari reaffirmed Pakistan鈥檚 solidarity with Indonesia in the fight against terrorism and extremism, noting that Pakistan has itself suffered greatly and rendered immense sacrifices in this struggle,鈥 the President鈥檚 Secretariat said in a statement.

鈥淭he President said that Pakistan stands shoulder to shoulder with Indonesia and the international community in its commitment to defeat terrorism in all its forms and manifestations.鈥

The statement added Zardari expressed 鈥渄eep sorrow and concern鈥 over the explosion, conveyed his sympathies to the Indonesian government and people and wished a swift recovery for the injured.

Pakistan and Indonesia have long cooperated on counterterrorism efforts and shared intelligence to combat extremist threats.

The two countries established a joint working group to combat militancy in 2005, following talks between former Indonesian and Pakistani Presidents Susilo Bambang Yudhoyono and Pervez Musharraf.

Last year, Pakistan and Indonesia participated in a week-long joint military exercise named Elang Strike-II to counter militancy.

This was the second exercise carried out by the two countries together in the counter-terrorism domain.

With input from Reuters