In September of this year, the State Bank of Pakistan reported that remittances from overseas Pakistanis amounted to 2.8 billion dollars, reflecting a 29% increase compared to the remittances received in September of the previous year.

The SBP reports that, with a cumulative inflow of 8.8 billion US dollars in the first quarter of the financial year, workers’ remittances increased by 38.8 percent compared to the first quarter of the previous year.

Remittance inflows in September 2024 were primarily derived from Saudi Arabia at $681.3 million, the United Arab Emirates at $560.3 million, the United Kingdom at $423.6 million, and the United States of America at $274.9 million.

In response to claims in the media that linked the two Chinese engineers who were killed in an explosion in Karachi to the ongoing IPP talks, the Finance Division has provided clarification.

The Finance Division issued a statement in which it stated that the government has been in negotiations with independent power producers (IPPs), one of which being the power plant for whom both of the Chinese engineers worked.

The engineers who passed away, on the other hand, were not taking part in the IPP discussions. Consequently, any impression that is formed to this effect by reporting in the media is incorrect and has no basis in reality.

In Islamabad, there was a conference that brought together people from all over the world to discuss ways to improve the educational system.

During his speech at the conference, the Federal Minister for Planning Ahsan Iqbal claimed that the Pakistani diaspora plays a significant part in enhancing the education sector of the country.