KARACHI: Overseas Pakistani workers remitted $1,894.4 million in March 2020, a rise of 3.8pc or $69.4 million, when compared with $1,825.0 million worth of remittances received in February 2020, according to data released by the State Bank of Pakistan on Friday. On a year-on-year basis, the remittances received in March 2020 rose 9.3 pc or $160.9 million, when compared with $1,733.5 million received in March 2019. When comparing remittances received during March 2020 and that received in February 2020, almost all countries witnessed an increase, except for the UK. Remittances received from Saudi Arabia, UAE, and the USA stood at $452.3 million, $420.4 million, and $352.4 million, respectively. However, remittances from the UK stood at $248.5 million, a decline of 2pc when compared to February 2020.

Source: Pakistan Today April 10, 2020 18:33 UTC