Overseas Pakistanis remit US $10.7 billion in the first half of FY19

Imran the legend

Chief Minister (5k+ posts)
Overseas Pakistani workers remitted US$ 10718.78 million in the first half (July to December) of FY19, showing a growth of 10% compared with US$ 9744.75 million received during the same period in the preceding year, State Bank of Pakistan (SBP) reported on Thursday..

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During December 2018, the inflow of workers’ remittances amounted to US$ 1690.18 million, which is 5.07% higher than November 2018 and 1.93% lower than December 2017. The country wise details for the month of December 2018 show that inflows from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait,

Qatar and Oman) and EU countries amounted to US$ 414.84 million, US$ 341.58 million, US$ 262.83 million, US$ 247.06 million, US$ 171.56 million and US$ 45.62 million respectively compared with the inflow of US$ 431.97 million, US$ 396.74 million, US$ 234.76 million, US$ 223.30 million, US$ 188.76 million and US$ 54.87 million respectively in December 2017.

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