Overseas Pakistani workers remitted an amount of $8,206.39 million in the first seven months (July–January) of the current fiscal year 2012-13 (FY13), showing a growth of 10.36 percent or $770.41 million when compared with $7,435.98 million received during the same period of last fiscal year (July-January 2012).
According to State Bank of Pakistan, the inflow of remittances in July-January 2013 from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries amounted to $2,292.02 million, $1,669.36 million, $1,324.00 million, $1,155.35 million, $941.83 million and $217.89 million respectively as compared with the inflow of $2,008.47 million, $1,644.34 million, $1,328.31 million, $853.47 million, $845.41 million and $215.64 million respectively in July- January 2012. Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during the first seven months of current fiscal year (July-January FY13) amounted to $605.89 million as against $540.34 million received in the first seven months of last fiscal year (July-January FY12).
In January 2013, the inflow of remittances from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman), and EU countries amounted to $331.40 million, $208.46 million, $168.46 million, $150.34 million, $130.65 million and $29.12 million respectively as compared with the inflow of $346.58 million, $231.42 million, $178.07 million, $127.12 million, $124.22 million and $26.50 million respectively in January, 2012. Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during the seventh month of the current fiscal year (January FY13) amounted to $71.21 million as against $76.73 million received in the seventh month of last fiscal year (January 2012).