黑料社区

黑料社区 leads remittances as inflows rise 11.9 percent to $3.4 billion in October

黑料社区 leads remittances as inflows rise 11.9 percent to $3.4 billion in October
A dealer counts US dollars at a money exchange market in Karachi on March 2, 2023. (AFP/File)
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Updated 26 min 55 sec ago

黑料社区 leads remittances as inflows rise 11.9 percent to $3.4 billion in October

黑料社区 leads remittances as inflows rise 11.9 percent to $3.4 billion in October
  • Prime Minister Shehbaz Sharif applauds overseas Pakistanis as the country鈥檚 鈥榲aluable assets鈥
  • Remittances are Pakistan鈥檚 key source of external finance and help narrow current account gaps

KARACHI: Remittances from overseas Pakistanis rose by 11.9 percent month-on-month in October 2025 to $3.42 billion, led by inflows from 黑料社区, according to central bank data released on Friday, prompting Prime Minister Shehbaz Sharif to thank expatriates for their contribution to the country鈥檚 economy.

Remittances are a key pillar of Pakistan鈥檚 external finances, providing hard currency that supports household consumption, helps narrow the current-account gap and bolsters foreign-exchange reserves.

The steady pipeline from Gulf economies, led by 黑料社区 and the United Arab Emirates, has remained crucial for Pakistan鈥檚 balance of payments.

鈥淭he steady increase in remittances reflects overseas Pakistanis鈥 confidence in the government鈥檚 policies,鈥 the Prime Minister鈥檚 Office quoted Sharif as saying. 鈥淥ur compatriots abroad continue to serve the nation with their hard-earned income,鈥 he added, describing them as the country鈥檚 鈥渕ost valuable asset.鈥

According to the State Bank of Pakistan (SBP), inflows from 黑料社区 reached $820.9 million in October, followed by the United Arab Emirates at $697.7 million, the United Kingdom at $487.7 million and the United States at $290.0 million.

Cumulative remittances for the first four months of the fiscal year 2025-26 (July鈥揙ctober) stood at $12.96 billion, up 9.3 percent from the same period a year earlier.

The Middle East accounted for the bulk of these inflows, with 黑料社区 contributing $3.13 billion and the UAE $2.68 billion.

Remittances have consistently been a bright spot for Pakistan鈥檚 fragile economy amid times of high inflation and low foreign currency reserves.

The country鈥檚 macroeconomic indicators have shown substantial improvement under the International Monetary Fund鈥檚 $7 billion loan program, with the government seeking to create more overseas employment opportunities for Pakistanis to further strengthen these inflows.


Pakistan court sends ex-PM Khan aide to prison for 10 years in 2023 riots case

Pakistan court sends ex-PM Khan aide to prison for 10 years in 2023 riots case
Updated 07 November 2025

Pakistan court sends ex-PM Khan aide to prison for 10 years in 2023 riots case

Pakistan court sends ex-PM Khan aide to prison for 10 years in 2023 riots case
  • Hamid Raza was convicted in the case along with several members of Khan鈥檚 Pakistan Tehreek-e-Insaf party on July 31
  • The riots erupted over Khan鈥檚 brief arrest in Islamabad, with his supporters attacking government and military installations

ISLAMABAD: An anti-terrorism court (ATC) in Pakistan鈥檚 Faisalabad on Friday sent Sunni Ittehad Council (SIC) chief Sahibzada Hamid Raza to jail for 10 years in a case relating to violent protests on May 9, 2023, Raza鈥檚 brother said.

Raza, a top aide of jailed former prime minister Imran Khan, was convicted in the case along with several members of Khan鈥檚 Pakistan Tehreek-e-Insaf (PTI) party on July 31 this year.

The riots erupted after Khan was briefly arrested in Islamabad on corruption charges on May 9, 2023, with his supporters attacking government buildings and military installations in several cities.

Thousands of PTI members and supporters were later detained and hundreds were charged under anti-terrorism laws in a sweeping crackdown, with some cases referred to military courts.

鈥淗e [Raza] was sentenced to 10 years in prison by the ATC on July 31 in 9th May cases and was arrested yesterday in Islamabad鈥檚 D-12 area while traveling from Peshawar to present himself before the court,鈥 Raza鈥檚 brother, Hasan, told Arab News.

The government of PM Shehbaz Sharif accuses Khan鈥檚 party of staging violent protests in a bid to incite mutiny in the armed forces and to derail democracy in the country. The PTI denies inciting supporters to violence and says the government used the protests as a pretext to victimize the party. The government denies political persecution.

On Aug. 25, an ATC in Faisalabad convicted 75 out of 109 accused persons for an attack on the residence of then-Minister for Provincial Coordination Rana Sanaullah during the May 2023 riots.

Among those sentenced to 10 years were senior Khan aides, Omar Ayub Khan, Shibli Faraz and Zartaj Gul Wazir as well as Sheikh Rashid Shafiq, Rai Murtaza Iqbal, Kanwal Shauzab, Rai Hassan Nawaz, Ahmad Chattha, Ansar Iqbal, Bilal Ijaz, Ashraf Sohna, Mehr Javed and Shakeel Niazi.

Prior to the Aug. 25 verdict, courts in Lahore and Sargodha also handed down similar sentences of up to 10 years to other PTI leaders and workers linked to the May 2023 riots.

Khan has himself been jailed since August 2023, when he was convicted of illegally selling state gifts, a ruling that also barred him from contesting the 2024 general elections. He is currently serving a 14-year jail sentence in a land graft case he says is politically motivated to keep him away from public office.

After Khan鈥檚 PTI was restricted from contesting 2024 national polls on its electoral symbol, PTI members had contested the election as independents and later joined Raza鈥檚 SIC party.