KARACHI: Overseas Pakistani workers remitted an amount of dollars 10.245053 billion in the first eight months (July to February) of the current fiscal year ; showing a growth of 10.95 percent. During the same period of last fiscal year , the amount received was $ 9.234077 billion , said a SBP statement here on Tuesday.
The inflow of remittances in July- February FY14 from Saudi Arabia, United Arab Emirates ( UAE), United Kingdom, United States of America, GCC countries ( including Bahrain, Kuwait, Qatar and Oman), and European Union countries amounted to $ 2,965.74 million, $ 2,026.92 million, $ 1,626.09 million, $ 1,465.75 million, $ 1,193.70 million and $ 284.01 million respectively as compared with the inflow of $ 2,627.78 million, $ 1865.72 million, $1461.13 million, $ 1284.75 million, $1,067.50 million and $ 242.61 million respectively in July- February FY13.
Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during the first eight months of current fiscal year amounted to $ 683.32 million as against $685.18 million received in the first eight months of last fiscal year. In February 2014, the inflow of remittances from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman), and EU countries amounted to $368.73 million, $240.37 million, $184.59 million, $156.23 million, $144.92 million and $32.79 million respectively as compared with the inflow of $335.76 million, $196.36 million, $137.13 million, $129.40 million, $125.67 million and $24.72 million respectively in February, 2013. Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during the eighth month of the current fiscal year (July-February FY14) amounted to $81.91 million.
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