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Remittances up by 0.86% to $1.6b in July

byCustoms Today Report
11/08/2015
in Business
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KARACHI: The country recorded 0.86 per cent increase in remittances as the overseas Pakistanis sent $1663.61 million in the month of July as compared with $1649.39 million of the same period in the previous year.

The country wise details for the month of July 2015 show that inflows from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries amounted to $474.42 million, $367.51 million, $255.32 million, $232.33 million, $197.86 million and $32.5 million respectively compared with the inflow of $454.47 million, $352.89 million, $257.08 million, $247.96 million, $179.76 million and $44.32 million respectively in July 2014.

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Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during July 2015 amounted to $103.67 million together as against $112.91 million received in July 2014.

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