The chief minister of Khyber-Pakhtunkhwa (KP), Ali Amin Gandapur, called on the Pakistani abroad to send funds through the Khyber bank, highlighting the need to strengthen financial institutions for stability economic.
Speaking when launching the bank’s Islamic banking service, Gandapur praised the initiative, declaring that an interest -free banking system was essential for economic progress.
“A well -structured financial system is crucial for any country or province. The strengthening of our institutions is a priority, “he said.
The chief minister also underlined the economic performance of the province, declaring that KP achieved its objectives in accordance with the requirements of the International Monetary Fund (IMF).
“Investors will receive government incentives, and these measures will strengthen confidence in the Khyber bank and our administration,” he added.
The president of the Khyber bank, Ikramullah Khan, also speaking during the event, announced that Islamic banking branches would be extended through the country in accordance with the directives of the State of the Bank of Pakistan.
Responding to security problems, Gandapur said 2 billion rupees had been allocated to installing video surveillance cameras and security control points.
“We will not back down. Disability managers will not be spared and we will completely eliminate terrorism, “he said.
The chief minister also discussed the longtime tensions of the Kurram district, saying that the external forces exploited the situation.
He reaffirmed that the government was determined to resolve the question both by dialogue and decisive action.
Earlier, the founder of the PTI, Imran Khan, called the Pakistanis abroad to boycott the shipments of funds.
He had urged the Pakistani abroad to boycott the shipments of funds, degenerating political tensions while his party, Pakistan Tehreek-E-insaf (PTI), faces the government.
However, Pakistan workers’ funds recorded a strong influx of $ 3 billion in January 2025, reflecting growth of 25.2% in annual sliding (in annual sliding) and marking the fourth excess current account consecutive in 2025.
Cumulatively, from July to January for the year 2025, funding of funds reached $ 20.8 billion, marking an increase of 31.7% against $ 15.8 billion in the same period last year , according to the State Bank of Pakistan (SBP).
The main sources of fund entry in January included Saudi Arabia ($ 728.3 million), the United Arab Emirates ($ 621.7 million), the United Kingdom ($ 443.6 million) and the United States ($ 298.5 million).
Analysts expect this upward trend to continue, with Sana Tawfiq, research manager at ARIF Habib Limited (AHL), declaring: “The overvoltage aligns on market expectations.”
