KARACHI - Overseas Pakistani workers remitted $3089.02million in the first two months (July to August) of ongoing fiscal year (FY2016-17), compared with $3190.66 million received during the same period in the preceding year.

During August 2016, the inflow of workers remittances amounted to $1760.84 million, which is 32.57% higher than July 2016 and 15.3% higher than August 2015. The country-wise details for the month of August 2016 showed that inflows from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries amounted to $507.26 million, $401.18 million, $223.7 million, $192.64 million, $222.57 million and $43.5 million respectively compared with the inflow of $483.3 million, $319.15 million, $199.6 million, $206.29 million, $193.75 million and $27.77 million respectively in August 2015.

Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during August 2016 amounted to $170 million together as against $97.33 million received in August 2015.