2 Gulf Countries Send $1.65 Billion to Pakistan
· By immi
46 percent remittances this month came from Saudi Arabia and United Arab Emirates (UAE) alone.
Saudi Arabia remained Pakistan’s largest source of remittances, sending $899.1 million during September. This was 2.9 percent higher than August’s $873.5 million and 19.7 percent above the $751 million received a year earlier.
UAE ranked second with $748.5 million. The amount was marginally lower than August’s $749.8 million.
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Dubai accounted for $617.5 million of the UAE’s total, followed by Abu Dhabi at $104.5 million.
The United Kingdom expats contributed $515.1 million. Remittances from the UK fell 8.6 percent from $563.7 million in August but increased 13.3 percent from $454.8 million last year.
Inflows from the United States reached $305.9 million, down 0.9 percent from August’s $308.8 million.
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European Union (EU) remittances totaled $447.7 million, declining 9.7 percent from $495.9 million in August while rising 6 percent from $422.5 million a year earlier.
Italy was the largest contributor among EU member states, sending $133.5 million. Spain followed with $84.2 million, Germany $68.5 million and Greece $48.6 million.
Other EU contributions included Ireland at $24.5 million, Belgium at $16 million and the Netherlands at $9.1 million.
Oman contributed $114.9 million, followed by Qatar at $99.5 million, Kuwait at $77.6 million, and Bahrain at $50.1 million.
Australian Pakistanis sent $101 million, Canada $66.5 million, South Africa $26 million, Malaysia $13.9 million, South Korea $11.9 million, Norway $11.5 million and Japan $6.6 million.
