ISLAMABAD – Federal government has received $1 billion extra remittances inthe first five months of FY 2018-19.
Overseas Pakistani workers remitted $9028.60 million in the first fivemonths of FY19, showing a growth of 12.56 percent compared with $8021.18million received during the same period in the preceding year.
During November 2018, the inflow of workers’ remittances amounted to$1608.62 million, which is 19.58 percent less than October 2018 and 2.02percent higher than November 2017. The country wise details for the monthof November 2018 show that inflows from Saudi Arabia, UAE, USA, UK, GCCcountries (including Bahrain, Kuwait, Qatar and Oman) and EU countriesamounted to $395.12 million, $343.21 million, $255.78 million, $228.19million, $151.37 million and $42.18 million respectively compared with theinflow of $409.52 million, $352.64 million, $204.28 million, $213.47million, $191.83 million and $49.06 million respectively in November 2017.
