Friday, July 10, 2009

Pakistan's 2008/09 remittances at record $7.8 bln: Reuters

KARACHI, July 10 (Reuters) - Pakistan received a record $7.811 billion in remittances from overseas nationals in the 2008/09 fiscal year that ended on June 30, the State Bank of Pakistan said on Friday.

The amount, the highest ever in a financial year, was 21.08 percent higher than the $6.451 billion remitted in 2007/08, the central bank said in a statement.

The largest inflow of remittances during the year came from the United States, with $1.74 billion, followed by the United Arab Emirates with $1.69 billion, the central bank said.

For more on this article, please click on the following link: Pakistan's 2008/09 remittances at record $7.8 bln: Reuters

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