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.

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Zaviya News