KARACHI - Overseas Pakistani workers remitted $6444.46 million in the first four months (July to October) of ongoing financial year (FY18), compared with $6301.39m received during the same period in the preceding year.

During October 2017, the inflow of remittances amounted to $1654.45 million, which is 27.87% higher than September 2017 and 5.99% higher than October 2016. The country-wise details for the month of October 2017 showed that inflows from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries amounted to $461.07 million, $333.57 million, $215.64 million, $270.46 million, $184.76 million and $51.12 million respectively compared with the inflow of $470.19 million, $358.38 million, $183.26 million, $173.4 million, $183.13 million and $35.36 million respectively in October 2016.

Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during October 2017 amounted to $137.83 million together as against $157.30 million received in October 2016.