KARACHI: Overseas Pakistanis have remitted an amount of $ 11.582 billion in the period from July 2013 to March 2014, showing a growth of 11.87 per cent against $ 10.353 billion received during the corresponding period of previous fiscal year.
The inflow of remittances in the first nine months of the current fiscal year from Kingdom of Saudi Arabia (KSA), United Arab Emirates (UAE), United States of America (USA), United Kingdom (UK), Gulf countries (including Bahrain, Kuwait, Qatar and Oman), and European Union (EU) countries amounted to $ 3,391.27 million, $ 2,288.92 million, $ 1,820.91 million, $ 1,632.21 million, $ 1,357.73 million and $ 318.94 million respectively as compared to the inflow of $ 2,979.31 million, $ 2,085.94 million, $ 1,636.66 million, $ 1,434.97 million, $ 1,195.86 million and $ 269.04 million respectively in the corresponding period of previous fiscal year.
Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during the first nine months of current fiscal year amounted to $ 772.8 million as against $ 752.04 million received in the first nine months of last fiscal year.
In March 2014, the inflow of remittances from KSA, UAE, USA, UK, Gulf countries and EU countries amounted to $ 425.53 million, $ 262.00 million, $ 194.82 million, $ 166.46 million, $ 164.03 million and $ 34.93 million respectively. Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during March 2014 amounted to $ 89.48 million.
