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ME conflict may reduce remittances by $3-4b

Rising tensions in the Middle East may negatively affect Pakistan's economy as well as overseas Pakistanis and the annual inflow of remittances could decline by $3-4 billion. There was a likelihood of reduced overseas employment opportunities and a decline in the arrival of remittances, said the Pakistan Institute of Development Economics (PIDE) while suggesting expanding job opportunities in new countries. These concerns were expressed in a rep…

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The Express Tribune broke the news in Pakistan on Monday, March 16, 2026.
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