KARACHI: Remittances from overseas Pakistanis grew by 6.25 per cent to $9.735 billion during the first six months (July-Dec) of 2015-16 from $9.162bn in the same period last year.

During December, the inflow of workers’ remittances amounted to $1.637bn, around 2.84pc higher than November 2015 and 0.18pc than December 2014, said a statement issued by the SBP on Monday.

The country-wise details showed that during December 2015, inflows from Saudi Arabia, the United Arab Emirates (UAE), the United States, the United Kingdom, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries amounted to $503.2 million, $341.55m, $212.1m, $193.72m, $213.29m and $37.14m, respectively.

Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during the month collectively amounted to $136.06m as compared to $102.88m in December 2014.

Published in Dawn, January 12th, 2016

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Large projects again?
Updated 03 Jun, 2024

Large projects again?

Government must focus on debt sustainability by curtailing its spending and mobilising more resources.
Local power
03 Jun, 2024

Local power

A SIGNIFICANT policy paper was recently debated at an HRCP gathering, calling for the constitutional protection of...
Child-friendly courts
03 Jun, 2024

Child-friendly courts

IN a country where the child rights debate has been a belated one, it is heartening to note that a recent Supreme...
Dutch courage
Updated 02 Jun, 2024

Dutch courage

ECP has been supported wholeheartedly in implementing twisted interpretations of democratic process by some willing collaborators in the legislature.
New World cricket
02 Jun, 2024

New World cricket

HAVING finished as semi-finalists and runners-up in the last two editions of the T20 World Cup in familiar ...
Dead on arrival?
02 Jun, 2024

Dead on arrival?

Whatever the motivations for Gaza peace plan, it is difficult to see the scheme succeeding.