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Overseas Pakistanis send $6.4b in five months
By Our Correspondent
Published: December 11, 2013
In November alone, Pakistanis in Saudi Arabia, UAE, USA, UK, other GCC countries and EU states sent home $334.10 million, $236.29 million, $175.82 million, $155.13 million, $128.18 million and $29.84 million respectively. ILLUSTRATION: JAMAL KHURSHID
KARACHI: Overseas Pakistani workers sent home $6.407 billion in the first five months (July-November) of the current fiscal year 2013-14, a growth of 7.10% compared with $5.982 billion remitted in the same period of last year.
According to data released by the State Bank of Pakistan (SBP) here on Tuesday, the inflow of remittances from Saudi Arabia, UAE, USA, UK, other GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU states stood at $1.794 billion, $1.297 billion, $1.026 billion, $962.76 million, $732.64 million and $179.14 million respectively.
In comparison, the inflows were $1.609 billion, $1.241 billion, $993.57 million, $845.86 million, $676.69 million and $161.16 million respectively in July-November 2012-13.
Remittances from Norway, Switzerland, Australia, Canada, Japan and other countries in the first five months of the current fiscal year amounted to $415.37 million against $454.69 million in the same period last year.
In November alone, Pakistanis in Saudi Arabia, UAE, USA, UK, other GCC countries and EU states sent home $334.10 million, $236.29 million, $175.82 million, $155.13 million, $128.18 million and $29.84 million respectively.
In November last year, the inflows were $300.84 million, $193.79 million, $152.29 million, $148.53 million, $117.18 million and $26.63 million respectively.
Remittances received from other countries in November amounted to $71.76 million.
Published in The Express Tribune, December 11th, 2013.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
By Our Correspondent
Published: December 11, 2013
In November alone, Pakistanis in Saudi Arabia, UAE, USA, UK, other GCC countries and EU states sent home $334.10 million, $236.29 million, $175.82 million, $155.13 million, $128.18 million and $29.84 million respectively. ILLUSTRATION: JAMAL KHURSHID
KARACHI: Overseas Pakistani workers sent home $6.407 billion in the first five months (July-November) of the current fiscal year 2013-14, a growth of 7.10% compared with $5.982 billion remitted in the same period of last year.
According to data released by the State Bank of Pakistan (SBP) here on Tuesday, the inflow of remittances from Saudi Arabia, UAE, USA, UK, other GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU states stood at $1.794 billion, $1.297 billion, $1.026 billion, $962.76 million, $732.64 million and $179.14 million respectively.
In comparison, the inflows were $1.609 billion, $1.241 billion, $993.57 million, $845.86 million, $676.69 million and $161.16 million respectively in July-November 2012-13.
Remittances from Norway, Switzerland, Australia, Canada, Japan and other countries in the first five months of the current fiscal year amounted to $415.37 million against $454.69 million in the same period last year.
In November alone, Pakistanis in Saudi Arabia, UAE, USA, UK, other GCC countries and EU states sent home $334.10 million, $236.29 million, $175.82 million, $155.13 million, $128.18 million and $29.84 million respectively.
In November last year, the inflows were $300.84 million, $193.79 million, $152.29 million, $148.53 million, $117.18 million and $26.63 million respectively.
Remittances received from other countries in November amounted to $71.76 million.
Published in The Express Tribune, December 11th, 2013.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
