However, on a year-on-year basis, the remittances received in April 2020 rose 1.1 pc or $19.8 million when compared with $1,770.2 million received in April 2019. When comparing remittances received during April 2020 and that received in March 2020, major countries witnessed a decrease, except for the USA. Remittances received from Saudi Arabia, UAE, and the UK stood at $451.4 million, $358.8 million, and $226.6 million, respectively. This is a decrease of 0.2pc, 15.8pc, and 8.8pc, respectively, when compared to March 2020. However, remittances from the USA stood at $401.9 million, a rise of 14pc when compared to March 2020.

Source: Pakistan Today May 11, 2020 16:09 UTC