Overseas Pakistanis remit $4.69bn in first 3 months

Karachi: Overseas Pakistanis remitted an amount of $4694.69 million in first three months of current fiscal year (FY15), showing an impressive growth of 19.52 percent compared with $3927.94 million received during the same period of the last fiscal year (FY14).

The inflow of remittances during September 2014 from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries amounted to $495.63 million, $394.10 million, $235.99 million, $218.38 million, $213.11 million and $34.05 million respectively compared with the inflow of $373.58 million, $276.03 million, $173.87 million, $190.09 million, $151.24 million and $33.85 million respectively in September 2013. Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during the last month amounted to $125.33 million as against $84.75 million received in the same month of the last fiscal year (FY14).

The post Overseas Pakistanis remit $4.69bn in first 3 months appeared first on Pakistan Press International.

Karachi: Nestlé Pakistan recently signed an agreement with Oxford University Press for curriculum development for
Karachi: Karachi Water and Sewerage Board (KWSB) here Thursday declared illegal constructions and encroachments over
KARACHI: Four persons, including a woman, were injured in a traffic incident in Nazimabad area