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Overseas’ remittances rise by 6.38 % to US$ 19.9 billion in FY16

Overseas’ remittances rise by 6.38 % to US$ 19.9 billion in FY16

ISLAMABAD: Overseas Pakistani specialists dispatched US$19914.60 million in Fiscal Year 2016, demonstrating a development of 6.38% contrasted and US$18719.80 million got amid Fiscal Year 2015.

As indicated by the State Bank of Pakistan, amid June 2016, the inflow of laborers’ settlements added up to US$2072.97 million.

The nation shrewd points of interest for the month of June 2016 demonstrate that inflows from Saudi Arabia, UAE, USA, UK, GCC nations (counting Bahrain, Kuwait, Qatar and Oman) and EU nations added up to US$582.84 million, US$434.90 million, US$274.01 million, US$309.27million, US$232.27 million and US$50.31 million individually contrasted and the inflow of US$536.68 million, US$423.24 million, US$258.95 million, US$247.96 million, US$209.66 million and US$ 34.36 million separately in June 2015.

Settlements got from Norway, Switzerland, Australia, Canada, Japan and different nations amid June 2016 added up to US$189.37 million together as against US$110.63 million got in June 2015.