National News

ISLAMABAD, (MILAT+APP): The overseas manpower contributed US
$ 6258.06 million remittances to the national economy in first four
months (July to October) of the current Fiscal Year.
However, the contribution of the overseas workers was US $
6507.02 million remittances during the same period in the preceding
year, an official source of Ministry of Overseas and Human Resource
Development revealed.
During October 2016, the inflow of worker’s remittances
amounted to US$ 1559.75 million, which is 3.1% lower than September
2016 and 1.2% higher than October 2015.
The country wise details for the month of October 2016 show
that inflows from Saudi Arabia, UAE, USA, UK, GCC countries
(including Bahrain, Kuwait, Qatar and Oman) and EU countries
amounted to US $ 470.17 million, US $ 358.38 million, US $ 183.19
million, US $ 173.38 million, US $ 183.13 million and US $ 35.35
million respectively.
This was compared with the inflow of US $ 464.53 million, US
$ 367.38 million, US $ 188.98 million, US $ 197.96 million, US $
178.09 million and US $ 31.56 million respectively in October 2015.
Remittances received from Norway, Switzerland,
Australia,Canada, Japan and other countries during October 2016
amounted to US $156.15 million together as against US $112.71
million received in October 2015.