Overseas Pakistanis send $19.62bn during 2017/2018

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KARACHI: The overseas Pakistani workers have sent $19.62 billion during fiscal year 2017/2018 showing a nominal growth of 1.4 percent as compared with $19.35 billion remittances received a year ago.
The statistics revealed by State Bank of Pakistan (SBP) on Tuesday, during June 2018, the inflow of worker’s remittances amounted to $1594.41 million, compared to $1771.21 million during May 2018.
The country wise details for the month of June 2018 show that inflows from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU 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 $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.