State Bank of Pakistan: Overseas Pakistani Workers Remit Us$19.3 Billion In FY17 - 10 July

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1. External Relations Department ERD /M&PRD/PR/01/2017-72 July 10, 2017 Overseas Pakistani workers remit US$19.3 billion in FY17 Overseas Pakistani workers remitted US$ 19303.58 million in FY 17 (July to June), compared with US$ 19916.76 million received during the same period in the preceding year. During June 2017, the inflow of worker’s remittances amounted to US$ 1839.96 million, which is 1.46% lower than May 2017 and 11.24% lower than June 2016. The country wise details for the month of June 2017 show that inflows from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries amounted to US$ 438.07 million, US$ 414.22 million, US$ 265.37 million, US$ 252.46 million, US$ 232.89 million and US$ 56.97 million respectively compared with the inflow of US$ 582.84 million, US$ 434.9 million, US$ 274.1 million, US$ 309.27 million, US$ 232.27 million and US$ 50.33 million respectively in June 2016. Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during June 2017 amounted to US$179.98 million together as against US$189.37 million received in June 2016. ******** Page 1