Pakistanis sent home $339 mn in August

Pak expatriates sent home $339.70 million in August, up 20.95 percent from in the same period last year.

Updated on: Sep 17, 2004, 20:30:00 IST

PTI | By Anonymous, Karachi

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Pakistani expatriates sent home $339.70 million in August, up 20.95 percent from $280.87 million in the same period last year.

During the first two months (July-August) of fiscal 2004-05, overseas Pakistanis remitted $670.21 million against $588.10 million during the same period of the last fiscal year -- an increase of 13.96 percent, The News reported on Friday, quoting figures released by the State Bank of Pakistan.

The monthly average remittance during July-August was $335.11 million against $290.05 million during the same period of the last fiscal.

Among the major countries from where Pakistanis sent money home were the US ($112.51 million), the United Arab Emirates ($60.97 million), Saudi Arabia ($53.10 million), Kuwait ($16.97 million), Qatar ($8.75 million), Oman ($8.05 million).

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