Can't find what you're looking for? Try Google Search!

Thursday, March 10, 2011

Remittances rise over 20pc to $6.96bn


KARACHI: Remittances sent home by overseas Pakistanis continued to show a rising trend as an amount of
$6,963.28 million was received in the first eight months (July-February) of the current fiscal year 2010?11,
showing an increase of $1176.17 million or 20.32 percent when compared with $5,787.11 million received
over the same period of the last fiscal year.
The inflow of remittances in the July-February, 2011 period from UAE, Saudi Arabia, USA, GCC countries
(including Bahrain, Kuwait, Qatar and Oman), UK and EU countries amounted to $1,627.09 million,
$1,563.00 million, $1,298.26 million, $820.02 million, $770.91 million and $220.24 million respectively as
compared to $1,318.33 million, $1,148.86 million, $1,173.21 million, $826.94 million, $596.26 million and
$171.42 million respectively in the July-February, 2010 period.