PM felicitates nation on record increase in foreign remittance

ISLAMABAD: Prime Minister Shehbaz Sharif felicitated the nation on record increase in foreign remittances in December 2024, saying that the claims of those who had been chanting to halt the country’s economy had proven to be baseless.

The foreign remittances during December 2024 increased to US$3.1 billion against November 2024, posting month-on-month growth of 5.6%.

The prime minister said the remittances witnessed a record growth of 29.3% in December 2024 against same month (December 2023) of last year.

“Record increase in the foreign remittances reflects the strong commitment of the overseas Pakistanis for playing their role in development of the country,” the prime minister said.

After achieving economic stability, Pakistan is now on the path of economic growth, the prime minister said adding that the government was determined to ensure national development and public welfare.

On the other hand, Prime Minister Shehbaz Sharif congratulated Joseph Aoun on his election as the President of Lebanon.

The prime minister, in a social media post on X, wished him success in his endeavors to lead Lebanon towards peace, stability and prosperity.

“Pakistan values its ties with Lebanon and looks forward to strengthen our bilateral cooperation,” he wrote.

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Joseph Aoun was elected President of Lebanon by securing 99 votes from the 128-seat parliament in a second round of voting on Thursday afternoon.