Karachi, May 10, 2019 (PPI-OT): Overseas Pakistani workers remitted US $17,875.23 million in the first ten months (July to April) of FY19, showing a growth of 8.45% compared with US $16,481.82 million received during the same period in the preceding year.
During April 2019, the inflow of worker’s remittances amounted to US $1,778.90 million, which is 2% higher than March 2019 and 6% higher than April 2018. The country wise details for the month of April 2019 show that inflows from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries amounted to US $427.82 million, US $372.43 million, US $269.56 million, US $280.02 million, US $175.44 million and US $48.19 million respectively compared with the inflow of US $399.56 million, US $362.40 million, US $250.91 million, US $245.85 million, US $167.68 million and US $54.75 million respectively in April 2018. Remittances received from Malaysia, Norway, Switzerland, Australia, Canada, Japan and other countries during April 2019 amounted to US $205.43 million together as against US $197.72 million received in April 2018.
For more information, contact:
State Bank of Pakistan (SBP)
I.I. Chundrigar Road, Karachi, Pakistan
Fax: +92-21-39212433 – 39212436