From Pakistan to India: $14.36 billion in remittances over 3 years!

[my2cents]

and you guys say us poor

and you guys say us poor

If the article is to be believed then you guys are not poor anymore. Time to celebrate.

 

[Indus Pakistan]

I notice the usual crowd who jump at Afghan's leaching Pakistan are deadly silent on this news bombshell. Nearly $15 billion. Does not surprise me. While some of us are busting and sending money to Pak. Others from Pak are sending to their dear friends in India.

Now we know who that is and from which city this will be from. It certainly won't be Peshawar, Quetta or even Lahore for that matter. Now let deafening silence contine ......

 

[American Pakistani]

There are many illegal indians working in pakistan, especially karachi. Does not surprise me.

 

[Viper0011.]

That is almost Paks entire forex reserves!

I agree.....and somehow they still gave them to India. Why do you hate them again? This right here shows goodwill and love. I think both the countries should become friends, specially now, when Pakistan has become the 4th largest donor to India, don't you think?

Sounds likeAsian Black money or a retarded assumption by the world bank .

If this was India sending the money to Pakistan, it would be the Truth from the Bible. But since its Pakistan sending money to India, even if it was in the Bible, to our respectful Indian members, that printer who printed the Bible, must have made a mistake by putting country names in the wrong order. Same is true for anything good regarding Pakistan.......I am so used to reading this useless, childish high school crap its not even funny!!

 

[kublaiyuan]

lots of Indian products are routed to pakistan through UAE/Oman/Yemen, containers are shifted to pakistani bound container ships by pakistani merchants in UAE/Oman/Yemen in cahoots with pakistani mafia supported by pakistani establishment.
As these items are not allowed to be imported directly by pakistan or the duties charges are too much,
now the money flow to India for these imports are routed through remittances channels or hawala this saves lots of hardships of both parties and Indian authorities gives it a pass as ultimately its good for Indian economy but pakistani govt. loses plenty of import charges but as pakistani mafia/establishment/politicians are in cahoots thus these guys benefit too and doesn't care
this also happens other way around but as compared to total Indian import its peanuts.

 

[Archie]

lots of Indian products are routed to pakistan through UAE/Oman/Yemen, containers are shifted to pakistani bound container ships by pakistani merchants in UAE/Oman/Yemen in cahoots with pakistani mafia supported by pakistani establishment.
As these items are not allowed to be imported directly by pakistan or the duties charges are too much,
now the money flow to India for these imports are routed through remittances channels or hawala this saves lots of hardships of both parties and Indian authorities gives it a pass as ultimately its good for Indian economy but pakistani govt. loses plenty of import charges but as pakistani mafia/establishment/politicians are in cahoots thus these guys benefit too and doesn't care
this also happens other way around but as compared to total Indian import its peanuts.

That's a logical explanation

 

[true]

I agree.....and somehow they still gave them to India. Why do you hate them again? This right here shows goodwill and love. I think both the countries should become friends, specially now, when Pakistan has become the 4th largest donor to India, don't you think?



If this was India sending the money to Pakistan, it would be the Truth from the Bible. But since its Pakistan sending money to India, even if it was in the Bible, to our respectful Indian members, that printer who printed the Bible, must have made a mistake by putting country names in the wrong order. Same is true for anything good regarding Pakistan.......I am so used to reading this useless, childish high school crap its not even funny!!

not really its sound extremely fishy in the least either way.

 

[Holmes2]

Most of this could be black money.

 

[Armstrong]

@dexter stop sending all that money to your girlfriend in Delhi !

 

[MadDog]

Have heard people sending the money to their relatives across the border, especially people from Karachi.

 

[Archie]

Their are 1.5 Million Pakistanis with Family in India

If all of them sent back 3000 USD a year, then that's some serious issue and demand an explanation

 

[kasper95]

money will keep flowing to India with out any benefit to Pakistan govt as long as there is direct trade restrictions . the money coming to India from Pakistan is the payment to the Indian products which the Pakistani traders buy,since the can't make payment which is not allowed they send the money this way. and its not like some Pakistanis want to believe that the money is being sent to help families in India.

 

[proud_indian]

a part of that would be coming from 2.5 million illegal dth connections

 

[nair]

Thats a huge amount considering the relationship we share..............

a part of that would be coming from 2.5 million illegal dth connections

This is news to me..... I have heard indians using it in ME..... But in Pakistan????

 

[proud_indian]

Thats a huge amount considering the relationship we share..............




This is news to me..... I have heard indians using it in ME..... But in Pakistan????

Five Million Indian DTH Connections in Pakistan