Overseas Pakistanis remit over $14.3b in July-Feb FY19
Overseas Pakistani workers remitted $14350.53 million in July to February of fiscal year (FY19), showing a growth of 11.82 percent compared with $12833.64 million received during same period in preceding year.
During February 2019, inflow of worker’s remittances amounted to $1576.51 million, which is 9.56 percent lower than January 2019 and 8.71 percent higher than February 2018. Country wise details for month of February 2019 show that inflows from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries amounted to $370.04 million, $335.66 million, $240.80 million, $251.99 million, $152.25 million and $37.71 million.
Remittances received from Malaysia, Norway, Switzerland, Australia, Canada, Japan and other countries during February 2019 amounted to $188.06 million together as against $163.35 million received in February 2018.