Pakistan ranked 7th amongst top 10 recipients globally of foreign remittances

Pakistan ranked 7th amongst top 10 recipients globally of foreign remittances
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ISLAMABAD - Pakistan was ranked 7th amongst the top ten recipients of remittances globally in 2018 receiving $20.9 billion and with India ranked at 1st with $79.5 billion. Image: World Bank

In South Asia, Pakistan was ranked 2nd behind India which bagged the 1st position for remittances.

According to WB , employment opportunities contracted in the Gulf Cooperation Council (GCC) countries contracted in 2017 and 2018, mostly in Saudi Arabia because of nationalization policies, as highlighted by lower deployments in Pakistan (-26% during January–August 2018 and 41% in 2017).

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