Saudi Arabia remained largest source of remittances to Pakistan in November — central bank

Pakistani customers enter a foreign currency exchange shop in Karachi, Pakistan, on October 14, 2010. (AFP/File)
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Updated 14 December 2022
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Saudi Arabia remained largest source of remittances to Pakistan in November — central bank

  • Latest figures show remittances decreased by 4.8 percent month-on-month and by 14.3 percent on year-on-year basis
  • Saudi Arabia is a longtime ally of Pakistan, nearly 2.5 million Pakistani expats live and work in the kingdom

KARACHI: Saudi Arabia retained its position as the largest contributor of remittances to Pakistan in November, with expats working in the kingdom sending $498 million to the South Asian nation last month, the central bank said on Wednesday. 

In terms of growth, latest figures showed that remittances decreased by 4.8 percent month-on-month and by 14.3 percent on a year-on-year basis.

“Remittances inflows during Nov 2022 were mainly sourced from Saudi Arabia ($498 million), United Arab Emirates ($377.8 million), United Kingdom ($299.1 million) and United States of America ($229.4 million),” the central bank said. 

“With cumulative inflow of $ 12 billion during Jul-Nov FY23, the remittances decreased by 9.6 percent as compared to the same period last year.”

Saudi Arabia and the UAE are longtime allies of Pakistan. Nearly 2.5 million Pakistani expats live and work in the kingdom and more than 1.6 million in the UAE.


Babar Azam dropped for scoring too slowly, says Pakistan coach Hesson

Updated 20 February 2026
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Babar Azam dropped for scoring too slowly, says Pakistan coach Hesson

  • Shaheen Shah Afridi was left out after conceding 101 runs in three matches
  • Pakistan will now face New Zealand in the opening match of the second phase

COLOMBO: Batting great Babar Azam was dropped for Pakistan’s final T20 World Cup group game against Namibia for scoring too slowly, said head coach Mike Hesson on Friday.

Azam, who is the highest run-scorer in T20 international history with 4,571 runs, was left out for the must-win game against Namibia as Pakistan racked up 199-3 and secured a place in the Super Eights by 102 runs.

The 2009 champions face New Zealand in Colombo on Saturday in the opening match of the second phase.

“I think Babar is well aware that his strike rate in the power play in the World Cup is less than 100 and that’s clearly not the role we think we need,” Hesson told reporters after Pakistan’s final practice session on Friday was washed out by rain.

Pakistan left out Azam for the same reason at last year’s Asia Cup and even after dismal showing in the Big Bash League, he was still selected for the T20 World Cup.

“We brought Babar back in for a specific role post the Asia Cup,” said Hesson.

“We’ve got plenty of other options who can come in and perform that role toward the end.

“Babar is actually the first to acknowledge that.

“He knows that he’s got a certain set of skills that the team requires and there are certain times where other players can perform that role more efficiently.”

Hesson also defended dropping pace spearhead Shaheen Shah Afridi after he conceded 101 runs in three matches, including 31 in two overs against India.

“We made a call that Salman Mirza was coming in for Shaheen, and he bowled incredibly well,” said Hesson.

“To be fair, he was probably really unlucky to not be playing the second and third games.”

Hesson was wary of Pakistan’s opponents on Saturday.

“New Zealand have played a huge amount in the subcontinent in recent times so we have to play at our best.”