Overseas Pakistani workers remitted $1929.76 million in the first month (July) of FY19 as compared to $ 1541.67 million during the same period in the preceding year.
During July 2018, the inflow of worker’s remittances amounted to US $ 1929.76 million, which is 21.03% more than June 2018 and 25.17 more than July 2017.
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The country-wise details for the month of July 2018 show that inflows from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries amounted to US $ 437.48 million, US $ 433.42 million, US $ 280.34 million, US $ 277.51 million, US $ 199.31 million and US $ 64.90 million respectively compared with the inflow of US $ 408.84 million, US $ 334.63 million, US $ 193.7 million, US $ 199.18 million, US $ 192.02 million and US $ 52.08 million respectively in July 2017.
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Pakistan’s Current Account Deficit Reaches an All-Time High of $18.9 Billion
Remittances received from Malaysia, Norway, Switzerland, Australia, Canada, Japan and other countries during July 2018 amounted to US $236.80 million together against US $161.22 million received in July 2017.
