Pakistan overseas workers remittances increase

Pakistan overseas workers remittances increase

KARACHI: Overseas Pakistani workers remitted US $1541.67 million in July, the first month of the fiscal year 2017-18 (FY18), as compared with US $ 1328.18 million received during the same period in the preceding year.

A State Bank of Pakistan (SBP) announcement here on Thursday said that during July 2017, the inflow of workers remittances amounted to US $ 1541.67 million, which is 16.2% less than June 2017 and 16% more than July 2016.