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Overseas Pakistanis remit US $1.93 billion in the first month of FY19

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Overseas Pakistani workers remitted US $1929.76 million in the first onth(July) ofFY19 as compared with US $1541.67 million received during the same period in the preceding year.

During July2018, the inflow of worker’s remittances amounted to US $1929.76million, which is 21.03%more thanJune2018 and25.17more than July2017. The country wise details for the month of July2018 show that inflows from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries amounted toUS $437.48million, US $433.42million, US $280.34million, US $277.51million, US  199.31million and US $64.90million respectively compared with the inflow of US $408.84million, US $334.63million, US $193.7million, US $199.18million, US $192.02million and US $52.08million respectively in July2017. Remittances received from Malaysia, Norway, Switzerland, Australia, Canada, Japan and other countries during July2018 amounted to US $236.80million together as against US $161.22 million received in July2017.

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