Kp cm gandapur urges overseas Pakistanis to send transfers by Bank of Khyber

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Khyber-Pakhtunkhwa (KP) Chief Minister Ali Amin Gandapur has called on overseas Pakistanis to send transfers through the Bank of Khyber and emphasize the need to strengthen the financial institutions of economic stability.

When he spoke at the launch of the bank’s Islamic bank service, the Gandapur praised the initiative and said an interest -free banking system was important for financial progress.

“A well -structured financial system is crucial to any country or province. Strengthening our institutions is a priority, ”he said.

The minister also highlighted the province’s financial results and said that KP met his goals in accordance with the requirements of the International Monetary Fund (IMF).

“Investors will receive incentives from the government, and these measures will increase confidence in the Bank of Khyber and our administration,” he added.

Bank of Khyber -Chairman Ikramullah Khan, who also spoke to the event, announced that Islamic banking would be expanded across the country in accordance with the State Bank of Pakistan guidelines.

Gandapur said RS2 billion had been awarded to install CCTV cameras and security checkpoints.

“We’re not coming back. Those who are responsible for unrest will not be spared and we will completely eradicate terrorism, ”he said.

The minister also affected the long -standing tensions of the Kurram district and claimed that external forces were taking advantage of the situation.

He confirmed that the government was obliged to resolve the matter through both dialogue and decisive action.

Previously, PTI founder Imran Khan had called on overseas Pakistanis to boycott transfers.

He had called on overseas Pakistanis to boycott the transmission of transfers, escalating political tensions when his party, Pakistan Tehreek-E-Insaf (PTI), faces the government.

However, Pakistan’s workers’ transfers recorded a strong $ 3 billion in January 2025, reflecting a growth of 25.2% year to year (YOY) and marking the fourth surplus in ongoing account in 2025.

Cumulatively, from July to January in the financial year 2025, transfers reached $ 20.8 billion, marking an increase of 31.7% compared to $ 15.8 billion in the same period last year, according to the State Bank of Pakistan (SBP).

Larger sources of transfer flow in January included Saudi -Arabia ($ 728.3 million), United Arab Emirates ($ 621.7 million), the United Kingdom ($ 443.6 million) and the United States ($ 298.5 million ).

Analysts expect this upward trend to continue, with Sana Tawfiq, head of research at Arif Habib Limited (AHL), who says, “Surge matches the market’s expectations.”

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