The overseas Pakistani workers’ remittances grew by 6.1 percent in fiscal year (Jul-Jun) 2021-22 to US$31.2 billion against the inflows of $29.45 billion in same period of the preceding year.
On year-on-year basis, the remittances increased by 1.7% from $2.71 billion in June 2021 to $2.76 billion in same period of the fiscal year 2021-22. On month-on-month basis, the inflows of remittances increased by 18.4% when compared to the inflows of $2.3 billion recorded in May, 2022. According to data released by SBP on Monday, remittances’ inflows during June 2022 were mainly sourced from Saudi Arabia ($666.4 million), United Arab Emirates ($494.7 million), United Kingdom ($454.9 million) and the USA ($284.7 million).—APP
