Aurangzeb sees remittances topping $44 billion in FY
Finance Minister Muhammad Aurangzeb has given fresh Pakistan remittances, forecasting inflows above $44 billion this fiscal year after $41.6 billion previously.
Finance Minister Muhammad Aurangzeb said remittances should exceed $44 billion in the current fiscal year.
Pakistan received $41.6 billion in remittances in the previous fiscal year.
He spoke virtually to a Pakistan Banks Association event on growth, digital finance and cybersecurity.
Pakistan has a Virtual Assets Act 2026 framework, with PVARA to license and supervise virtual asset providers.
He said the State Bank of Pakistan is reviewing cross-border payments through reserves.