Overseas Pakistani workers remitted $12.9 billion in the first 10 months (July-April) of this fiscal year, a growth of 11.45 per cent as compared with corresponding period of the previous year.
The State Bank of Pakistan on Monday said the inflow of remittances in the 10-month period from Saudi Arabia, US, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman), and the European Union (EU) amounted to $3.8bn, $2.52bn, $2.02bn, $1.8bn, $1.52bn and $355.31 million respectively, compared with $3.37bn, $2.3bn, $1.82bn, $1.6bn, $1.3bn and $297.69m.
In April this year, the inflow of remittances from Saudi Arabia, UAE, US, UK, GCC countries and the 28-nation EU amounted to $415.09m, $233.97m, $206.15m, $166.07m, $169.67m and $36.37m respectively compared with $392.28m, $226.07m, $183.19m, $176.14m, $135.81m and $28.65m in April 2013.
