ISSN: 1998 - 4162

JISR MSSE Journal Contents

Volume 10, Number 1, January 2012


SBP`s Home Remittance Policies and its Effects in Pakistan: A Study of the Last Ten Years (2001-2010)
Syed Muhammad Hasan - NBP, Karachi, Pakistan
Dr. Mustaghis-ur-Rahman - SZABIST, Karachi, Pakistan


Abstract
Only second to exports income, home remittances are the bloodline of generating foreign reserves for any country. The remittance received from the expatriate workers community is and has always been the vital source of foreign exchange for the labor exporting countries. These remittances become more useful if they flow through the formal banking channels. In case, if the remittances flow through the informal channels, they create a parallel economy...

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