Overseas workers remit $15.6bn in July-Apr 2016-17

Overseas Pakistani workers remitted $15.596 billion in first ten months (July to April) of 2016-17, down by $448 million or 2.8 per cent compared with $16.044 billion received during the same period in the preceding year.

During April 2017, the inflow of worker’s remittances amounted to $1.539 million, which is 9.2 per cent lower than March 2017 and 7.11 per cent less than April 2016.

The country wise details for the month of April, 2017 show that inflows from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries amounted to $439.13 million, $344.01 million, $199.69 million, $191.62 million, $175.18 million and $41.89 million respectively compared with the inflow of $488.78 million, $345.99 million, $189.88 million, $221.88 million, $199.53 million and $39.85 million respectively in April 2016. Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during April 2017 amounted to $147.09 million together as against $170.55 million received in April 2016.

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