Overseas Pakistanis sent 3 percent more remittances in August compared to July.
According to the State Bank of Pakistan (SBP), in August, Pakistanis living abroad have sent 2 billion 10 million dollars to their homeland.
Pakistanis living in Saudi Arabia have sent 490 million dollars in August. The second place was 330 million dollars of Great Britain.
308 million dollars were sent from UAE and 244 million dollars from other Gulf countries.
26 million dollars from America and 29 million dollars from Europe have been sent to Pakistan. Remittances from Spain, Italy and Cyprus are lower but increased.
According to the central bank, workers’ remittances in the first two months of the financial year were 4 billion 10 million dollars.
Five billion dollars were sent in 2 months of the last financial year.
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