Pakistanis Remitted $12.7 Billion in First Half of FY2019

Overseas Pakistanis remitted an amount of $12.774 billion in the first seven months of FY2019 as compared with $11.383 billion received during the same period in the preceding year, showing an increase of $.1.391 billion.

During January 2019, the inflow of workers’ remittances amounted to $1.743 billion, which is 0.3% lower than December 2018 and 6.4% higher than January 2018.

Country-wise details for the month of January 2019 show that inflows from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar, and Oman) and EU countries amounted to $403.92 million, $352.12 million, $272.32 million, $295.13 million, $166.50 million and $42.89 million respectively compared with the inflow of $383.91 million, $351.58 million, $223.94 million, $235.10 million, $186.33 million and $56.4 million respectively in January 2018.

Remittances received from Malaysia, Norway, Switzerland, Australia, Canada, Japan and, other countries during January 2019 amounted to $210.36 million together as against $201.46 million received in January 2018.



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