The Pakistani working abroad sent back home over $12.894 billion during the first 10 months of the current fiscal year ranging from July 2013 to April 2014, said the central bank Monday.
This, the bank said, shows a growth of 11.45 percent when compared with $11.569 billion received during the same period of last fiscal year (July‐ April FY13). The inflow of remittances in July – April FY14 from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman), and EU countries amounted to $3,806.36 million, $2,522.89 million, $2,027.06 million, $1,798.28 million, $1,527.40 million and $355.31 million respectively as compared with the inflow of $3,371.59 million, $2,312.01 million, $1,819.85 million, $1,611.11 million, $1,331.67 million and $297.69 million respectively in July ‐ April FY13. The remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during the first 10 months of current fiscal year amounted to $857.31 million as against $825.8 million received in the first 10 months of last fiscal year. In April 2014, the inflow of remittances from Saudi Arabia, UAE, USA, UK, GCC and EU countries amounted to $415.09 million, $233.97 million, $206.15 million, $166.07 million, $169.67 million and $36.37 million respectively as compared with the inflow of $392.28 million, $226.07 million, $183.19 million, $176.14 million, $135.81 million and $28.65 million respectively in April, 2013. The inflows from Norway, Switzerland, Australia, Canada, Japan and other countries during the 10th month of the current fiscal year (April FY14) amounted to $84.51 million.
