remittance

Pakistan warns prolonged Middle East conflict could hit remittance inflows, swell import bill

Pakistan warns prolonged Middle East conflict could hit remittance inflows, swell import bill

  • Official warns slowdown in economic activity across GCC could reduce employment opportunities for Pakistani expats
  • Says Pakistan receives 55 percent of its remittances from GCC countries, which comprises 4.7 percent of country’s Gross Domestic Product 
By Waseem Abbasi ·