Overseas Pakistanis remit USD 1.82 Billion in February 2020

MG News | March 10, 2020 at 08:40 PM GMT+05:00

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March 10, 2020: The Workers' Remittances received during July – February FY20 amounted to US $ 15,126.5 million recording an increase US $ 770.7 million or 5.4 percent over remittances received during July – February FY19 (US $ 14,355.8 million).

Workers’ remittances during February 2020 amounted to US $ 1,824.3 million recording a decrease of US $ 83 million or 4.4 percent over remittance received during previous month (January 2020 US $ 1,907.32 million).

The remittances during February 2020 (US $ 1,824.3 million) increased by US $ 242.6 million or 15.3 percent over remittance received during corresponding month of FY 19 (US $ 1,581.8 million).

During February 2020, larger amounts of Workers' Remittances are received from Saudi Arabia (US $ 421.96 million), UAE (US $ 387.1 million), USA (US $ 333.5 million) and UK (US $ 253.5 million) recording a decrease of 2.6 percent, 2.1 percent, 0.5 percent and 15.2 percent respectively as compared to January 2020.

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