In the first five months of FY17 Fiscal year 2017), the overseas Pakistanis remitted $7874.49 million (from July 1, 2016 to the end of November 2016). These figures are 2.45% less than the last Fiscal Year 2016, which were $8072.21 during the same period of time.
The inflow of the workers remittances only in November mounted to $1616.43 million, which is 3.63% higher than October and 3.27% higher than to the same month of the last fiscal year.
The details of the remittances of October 2016 are as following;
- Saudi Arabia:Â US $ 465.19 million
- UAE: Â US $ 362.71 million
- USA: US $193.98 million
- UK:Â US $192.8 million
- GCC countries (including Bahrain, Kuwait, Qatar and Oman):Â US $193.12 million
- EU countries:Â US $37.03 million
Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during November 2016 amounted to US $171.60 million together as against US $119.57 million received in November 2015.
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