Overseas Pakistanis remit $19.62 bn in FY18

10 Jul, 2018

During June 2018, the inflow of workers' remittances amounted to $1594.41 million, compared to $1771.21 million during

May 2018, said a SBP statement on Tuesday.

The country-wise details for the month of June 2018 show that inflows from Saudi Arabia, United Arab Emirates, United States of America ,United Kingdom, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and European Union countries amounted to $ 336.61 million, $340.55 million, $248.79 million, $245.10 million, $163.53 million and $62.14 million respectively compared with the inflow of US $438.07 million, $414.25 million, $265.52 million, $252.50 million, $232.89 million and $ 56.97 million respectively in June 2017.

Remittances received from Malaysia, Norway, Switzerland, Australia, Canada, Japan and other countries during June 2018 amounted to $197.69 million together as against $180.04 million received in June 2017.

Copyright APP (Associated Press of Pakistan), 2018

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