Foreign Remittance from Pakistan to India

Society Pakistan & World Affairs
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So in 2014, 4.7 billion dollars were remitted from Pakistan to India over here explain what this could imply?

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Re: Foreign Remittance from Pakistan to India

mostly our trade from wahga

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Re: Foreign Remittance from Pakistan to India

^ The caption is remittance, I am sure trade would come in other categories.

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Re: Foreign Remittance from Pakistan to India

First I thought It could be the migrants families who still hve their large relatives back in india.. but looking back at the figures, its huge. It cannot be common families here n there. I’m quite sure Pakistani agencies should be investigating this

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Re: Foreign Remittance from Pakistan to India

Could it be aid?

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Re: Foreign Remittance from Pakistan to India

Good point.. now next time when Pakistan cricket team loses against India in WC, atleast I’ll have something to say to my indian colleagues :snooty:

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Re: Foreign Remittance from Pakistan to India

I don’t know exactly but transaction between is still very complicated so may be it is due to that complication .

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Re: Foreign Remittance from Pakistan to India

It seems Pakistan receives $2bn from India as well.

Something’s amiss here.

http://siteresources.worldbank.org/INTPROSPECTS/Resources/334934-1288990760745/Bilateral_Remittance_Matrix_2014.xlsx

Remittances by migrants will slow but remain large in 2015; big potential for leveraging remittances for development financing | People Move

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Re: Foreign Remittance from Pakistan to India

Tu Pakistan maiN bhi “Mallu” haiN…

Seriously, it is huge amount, USD 4.7 Billion… raid the exchange companies i mean Pakistan as a good as a GCC countries like of Kuwait and Oman and Qatar for Indians…

There should be something in it and this is legal amount… what about amount transferred through models and boats???