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imageKARACHI: Overseas Pakistani workers remitted $ 18.454004 billion during the fiscal year 2014-15.

This shows a significant growth of 16.5% compared with $ 15.837068 billion received during the same period in the preceding year, said SBP statement here on Monday.

During June 2015, the inflow of workers' remittances amounted to $1.821028 billion, which is 9.51% higher than May 2015 and 21.5% higher than June 2014.

The country-wise details for the month of June 2015 show that inflows from Saudi Arabia, United Arab Emirates (UAE), United States of America, United Kingdom, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and European Union countries amounted to US $ 536.68 million, $ 423.24 million, $ 258.94 million, $ 247.96 million, $ 209.66 million and $ 34.27 million respectively compared with the inflow of $ 471.88 million, $ 295.63 million, $ 222.34 million, $ 200.82 million, $ 168.62 million and $ 37.43 million respectively in June 2014.

The remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during June 2015 amounted to $110.53 million together as against $ 102.58 million received in June 2014.

Copyright APP (Associated Press of Pakistan), 2015

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