In order to provide for an ownership structure in Pakistan for remittance facilitation, State Bank of Pakistan, Ministry of Overseas Pakistanis and Ministry of Finance launched a joint initiative called Pakistan Remittance Initiative (PRI). This initiative has been taken to achieve the objective of facilitating, supporting, faster, cheaper, convenient and efficient flow of remittances. This initiative shall take all necessary steps and actions to enhance the flow of remittances.
PRI Objective
The initiative has been taken to achieve the objective of:
Memorandum of Understanding (MOU)
An MOU has been signed between MOF & SBP on April 13th 2009 and it was mutually agreed that:
PRI Strategy