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Pakistanis in the UAE remit $160 million in July 2009
The UAE accounts for...
August 11, 2009 4:39 by Aarti Nagraj
Pakistani workers from the UAE sent home $159.32 million in July this year compared to $100.1 million during the same period last year, according to a statement issued by the State bank of Pakistan. More money was remitted to Pakistan by the UAE than by any other country.
Remittances also increased from Saudi- from $133.26 million in July last year to $151.17 million this year, and from other GCC countries -from $105.31 million in July 2008 to $107.63 million this year.
Overall, Pakistan saw a 19 percent rise in remittances year-year in July.