KARACHI: Overseas Pakistani workers remitted $ 11.2 billion in first seven months (July to January) of 2015-16; showing a growth of 6 percent compared to $ 10.566 billion received during the same period in the preceding year.

During January 2016, the inflow of workers' remittances amounted to $ 1462.87 million, which is -10.64% lower than December 2015 and 4.21% higher than January 2015.

The country-wise details for the month of January 2016 show that inflows from Saudi Arabia, United Arab Emirates (UAE), United States of America (USA), United Kingdom, GCC countries including Bahrain, Kuwait, Qatar and Oman and European Union countries amounted to $ 462.18 million, $ 313.32 million, $ 179.56 million, $ 172.53 million, $ 190.38 million and $ 28.64 million respectively as compared to the inflow of $ 452.81 million, $ 289.79 million, $ 197.39 million, $ 178.4 million, $ 162.31 million and $ 25.85 million respectively in January 2015. Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during January 2016 amounted to $116.26 million together as against $ 97.19 million received in January 2015.

Copyright APP (Associated Press of Pakistan), 2016