Saudi Arabia, UAE remain largest sources of remittances to Pakistan — central bank 

A Pakistani dealer counts US dollars at a currency exchange shop in Karachi, Pakistan, on October 9, 2018. (AFP/ File)
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Updated 14 December 2021
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Saudi Arabia, UAE remain largest sources of remittances to Pakistan — central bank 

  • With $2.4 billion of inflows during November, workers' remittances remain above $2 billion since June 2020 
  • State Bank of Pakistan says proactive measures have contributed towards sustained inflows of remittances 

KARACHI: Saudi Arabia and the United Arab Emirates (UAE) remained the biggest sources of remittances to Pakistan with over $1 billion transferred to the South Asian nation from the two Gulf countries in the month of November, the Pakistani central bank said on Monday. 

With $2.4 billion of inflows during November, workers' remittances continued their strong streak and remained above $2 billion since June 2020, according to the State Bank of Pakistan (SBP). 

In terms of growth, the country's remittances increased by 0.6 percent in November on a year-on-year basis, while they declined by 6.6 percent on a month-on-month basis. 

"Cumulatively, at $12.9 billion, remittances grew by 9.7 percent during the first five months of FY22 over the same period last year," the SBP said in a statement. 

"Remittances inflows during November 2021 were mainly sourced from Saudi Arabia ($590 million), United Arab Emirates ($452.5 million), United Kingdom ($305.8 million) and the United States of America ($237.8 million)." 

Proactive policy measures to incentivize the use of formal channels and altruistic transfers to Pakistan amid the pandemic had contributed towards the sustained inflows of remittances since last year, the central bank said. 

Pakistan has deep-rooted fraternal ties with Saudi Arabia and the UAE. Around 2.5 million Pakistani expats are living in the kingdom and over 1.6 million in the UAE. 

These Pakistanis have greatly contributed to the development of the two Gulf countries, besides being the biggest source of foreign remittances to Pakistan. 


Peace can only prevail if Afghanistan renounces support for ‘terrorism’— Pakistan defense chief

Updated 04 March 2026
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Peace can only prevail if Afghanistan renounces support for ‘terrorism’— Pakistan defense chief

  • Pakistan’s chief of defense forces visits South Waziristan district bordering Afghanistan
  • Pakistan says has killed 481 Afghan Taliban operatives since clashes began last Thursday

ISLAMABAD: Pakistan’s Chief of Defense Forces Field Marshal Syed Asim Munir said on Wednesday that peace with Afghanistan can only prevail if Kabul renounces support for “terrorism” and “terrorist” organizations, the military’s media wing said as the two countries remain locked in conflict. 

Fighting between the two neighbors, the worst in decades, broke out last Thursday night after Afghan forces attacked Pakistan’s military installations along their shared border. Afghanistan said its attacks were in response to earlier airstrikes by Pakistan against alleged militant hideouts in its country. 

Pakistan accuses Afghanistan of sheltering militant outfits such as the Tehreek-e-Taliban Pakistan (TTP) on its soil who have launched attacks against Pakistani civilians and security forces in recent years. Kabul denies the allegations. 

Munir visited Wana town in Pakistan’s South Waziristan district to review the security situation and troops’ operational preparedness at the Afghan border, the Pakistani military’s media wing said in a statement. 

“The Field Marshal reiterated that peace could only prevail between both sides if the Afghan Taliban renounced their support for terrorism and terrorist organizations,” the Inter-Services Public Relations (ISPR) said. 

The military chief said the use of Afghan soil by militant outfits to launch attacks against Pakistan was unacceptable, vowing that “all necessary measures” would be taken to neutralize cross-border threats. 

During the visit, Munir was briefed by military commanders about ongoing intelligence-based operations and measures being taken by the military to manage the border with Afghanistan.

He was also briefed about “Operation Ghazab Lil Haq” or “Wrath for the Truth,” the name Pakistan has given to its military operation against Afghan forces, the ISPR said. 

The Pakistani military chief spoke to troops deployed in the area, praising their vigilance, professional conduct and high morale, the ISPR said. 

Pakistan’s Information Minister Attaullah Tarar said on Wednesday that the military has killed 481 Taliban operatives, injured more than 690 and destroyed 226 Afghan checkposts since clashes began. 

Arab News has been unable to verify claims by both sides about the damages they claim to have inflicted on each other.

Afghanistan has signaled it is open for dialogue but Pakistan rejected the offer, saying it would continue its military operations till its objectives were achieved. 

Since the conflict began, diplomatic efforts have intensified with several countries, including global bodies such as the European Union and United Nations, urging restraint and calling for talks.

Turkish President Recep Tayyip Erdogan told Pakistani Prime Minister Shehbaz Sharif that ⁠Ankara would help ⁠reinstate a ceasefire, the Turkish Presidency said on Tuesday, as other countries that had offered to mediate have since been hit by the conflict in the Gulf.