AGL 40.00 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.00 Decreased By ▼ -0.99 (-0.77%)
BOP 6.68 Increased By ▲ 0.08 (1.21%)
CNERGY 4.49 Decreased By ▼ -0.11 (-2.39%)
DCL 8.60 Increased By ▲ 0.12 (1.42%)
DFML 41.30 Decreased By ▼ -0.18 (-0.43%)
DGKC 86.71 Increased By ▲ 0.13 (0.15%)
FCCL 32.16 Increased By ▲ 0.02 (0.06%)
FFBL 64.70 Decreased By ▼ -0.72 (-1.1%)
FFL 10.29 Increased By ▲ 0.04 (0.39%)
HUBC 109.51 Decreased By ▼ -0.98 (-0.89%)
HUMNL 14.90 Increased By ▲ 0.15 (1.02%)
KEL 5.05 Decreased By ▼ -0.08 (-1.56%)
KOSM 7.40 Increased By ▲ 0.28 (3.93%)
MLCF 41.39 Decreased By ▼ -0.26 (-0.62%)
NBP 60.60 Increased By ▲ 0.51 (0.85%)
OGDC 190.00 Decreased By ▼ -4.69 (-2.41%)
PAEL 27.81 Decreased By ▼ -0.14 (-0.5%)
PIBTL 7.75 Decreased By ▼ -0.25 (-3.13%)
PPL 149.75 Decreased By ▼ -1.42 (-0.94%)
PRL 26.73 Decreased By ▼ -0.15 (-0.56%)
PTC 16.18 Increased By ▲ 0.18 (1.13%)
SEARL 86.02 Increased By ▲ 7.82 (10%)
TELE 7.72 Increased By ▲ 0.33 (4.47%)
TOMCL 35.58 Decreased By ▼ -0.09 (-0.25%)
TPLP 8.14 Increased By ▲ 0.23 (2.91%)
TREET 16.51 Increased By ▲ 0.62 (3.9%)
TRG 53.35 Increased By ▲ 0.59 (1.12%)
UNITY 26.28 Decreased By ▼ -0.27 (-1.02%)
WTL 1.26 Decreased By ▼ -0.01 (-0.79%)
BR100 9,889 Decreased By -31.1 (-0.31%)
BR30 30,611 Decreased By -140.9 (-0.46%)
KSE100 93,355 Increased By 130.9 (0.14%)
KSE30 28,931 Increased By 46 (0.16%)

Remittances worth $1.00265 billion were received during the first quarter of the current fiscal year (July-September, 2005) as against $983.15 million received in the corresponding period of last year registering an increase of $19.50 million, or 1.98 percent.
The amount of $1,002.65 million includes $6.17 million received through encashment and profit earned on Foreign Exchange Bearer Certificates (FEBCs) and Foreign Currency Bearer Certificates (FCBCs).
During September 2005, Pakistani workers remitted $341.10 million as against $312.94 million in September 2004 depicting an increase of $28.16 million or 9 percent.
The remittances in September 2005 from USA were $94.40 million, Saudi Arabia $54.76 million, UAE $48.70 million, GCC countries including Bahrain, Kuwait, Qatar and Oman $45.30 million, UK $38.57 million and EU countries $9.70 million.
Remittances received from Canada, Australia, Norway, Switzerland, Japan and other countries during July-September 2005 amounted to $48.5 million as compared to $42.31 million of last fiscal year.
The monthly average remittances for July-September 2005 come to $334.22 million as compared to $327.72 million of last fiscal year, depicting an increase of $6.50 million, or 1.98 percent.
The inflow of remittances during the first quarter from USA, Saudia Arabia, UAE, GCC countries (including Bahrain, Kuwait, Qatar and Oman), UK, EU countries amounted to $283.33 million, $174.32 million, $141.72 million, $130.79 million, $110.96 million and $26.85 million, respectively, as compared to $313.81 million, $158.52 million, $161.13 million, $124.75 million, $74.82 million and $24.36 million, respectively, of last year.
Remittances received from Canada, Australia, Norway, Switzerland, Japan and other countries during the first quarter amounted to $128.51 million as compared to $124.14 million in the corresponding quarter of the last fiscal year.

Copyright Business Recorder, 2005

Comments

Comments are closed.