Monday, 17 June 2013
BR Research
Thanks to their double-digit growth over past many years, remittance inflows from the Kingdom of Saudi Arabia (KSA) have been commanding dominant share in Pakistan’s overall remittances. According to latest data released by the State Bank of Pakistan, overseas Pakistanis remitted $12.76 billion back home in eleven months ending May 2013, out of which $3.75 billion (nearly 30 percent) were received from the desert kingdom.