{"id":15763,"date":"2017-08-26T12:11:36","date_gmt":"2017-08-26T07:11:36","guid":{"rendered":"https:\/\/tns.world\/?p=15763"},"modified":"2017-08-26T12:36:38","modified_gmt":"2017-08-26T07:36:38","slug":"reverse-remittances-grow-to-142-million","status":"publish","type":"post","link":"https:\/\/tns.world\/?p=15763","title":{"rendered":"Reverse remittances grow to $142 million"},"content":{"rendered":"<p><strong>KARACHI Aug, 26 (TNS):<\/strong> Profits and dividends on foreign direct investment (FDI) repatriated in July amounted to $142 million compared to $125m in the same month of last fiscal year, the central bank reported on Friday.<\/p>\n<p>FDI in July was significantly higher than a year ago. It amounted to $222.6m compared to $84.7m in July 2016. However, the repatriation of profits in July this year was not as high as FDI inflows.<\/p>\n<p>Total reverse remittances on foreign investments in July were $164m compared to $145.8m in the corresponding period of last fiscal year.<\/p>\n<p>Pakistan received substantial remittances in July, which is a healthy sign for the economy. But reverse remittances are a problem for the country that is already facing a decline in foreign exchange reserves.<\/p>\n<p>In 2016-17, foreign companies sent abroad $2.1 billion as profits and dividends.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI Aug, 26 (TNS): Profits and dividends on foreign direct investment (FDI) repatriated in July amounted to $142 million compared to $125m in the same month of last fiscal year, the central bank reported on Friday. FDI in July was significantly higher than a year ago. It amounted to $222.6m compared to $84.7m in July [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15770,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,23],"tags":[],"class_list":["post-15763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-karachi","category-national"],"_links":{"self":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/15763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15763"}],"version-history":[{"count":1,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/15763\/revisions"}],"predecessor-version":[{"id":15771,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/15763\/revisions\/15771"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/media\/15770"}],"wp:attachment":[{"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}