KARACHI: In a major boost to the country’s foreign exchange inflows, exchange companies have welcomed their inclusion in the Pakistan Remittance Initiative’s (PRI) TT Charges Reimbursement Scheme, terming it a game-changer move that could potentially double home remittances from $4 billion to $8 billion during the current fiscal year.
Chairman of the Exchange Companies Association of Pakistan (ECAP), Malik Muhammad Bostan, lauded the government’s decision, calling it a step in the right direction and pledged that exchange companies would fully honour the trust reposed in them.
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