HOME REMITTANCES

S.M. ABBAS ZAIDI, S.KAMAL HAYDER KAZMI,
Research Analyst
, PAGE
July 26 - Aug 1, 2010

COUNTRY-WISE WORKERS' REMITTANCES (Provisional)
(Million US Dollar)

 .  JUNE  MAY  JUNE July-June
AMOUNT % CHANGE
ITEM 2010 2010 2009 FY10 FY09 FY08 FY10 FY09
I.CASH 841.44 757.86 735.17 8,905.95 7,810.95 6,448.84 14.01 21.12
1.USA 164.83 144.56 154.39 1,771.19 1,735.87 1,762.03 2.03 -1.48
2.U.K. 82.47 59.32 68.48 876.38 605.59 458.87 44.72 31.97
3.Saudi Arabia 199.35 192.41 152.33 1,917.66 1,559.56 1,251.32 22.96 24.63
4.UAE 196.38 178.96 164.7 2,038.57 1,688.59 1,090.30 20.73 54.87
Dubai 84.05 77.5 80.17 851.59 970.42 761.24 -12.25 27.48
Abu Dhabi 107.59 97 79.71 1,130.32 669.4 298.8 68.86 124.03
Sharjah 4.35 4.3 4.76 54.55 47.84 28.58 14.04 67.39
Other 0.4 0.16 0.06 2.11 0.93 1.68 126.58 -44.64
5.Other GCC Countries 105.84 99.03 108.11 1,237.87 1,202.65 983.39 2.93 22.3
Bahrain 11.7 11.13 13.12 151.35 153.27 140.51 -1.25 9.08
Kuwait 39.43 36.33 37.51 445.09 432.05 384.58 3.02 12.34
Qatar 28.96 26.09 33.28 354.15 339.51 233.36 4.31 45.49
Oman 25.75 25.48 24.2 287.27 277.82 224.94 3.4 23.51
6.EU Countries 22.48 19.53 22.95 252.22 247.66 176.64 1.84 40.21
Germany 6.59 5.65 7.99 81.21 100.71 73.33 -19.36 37.34
France 2.57 2.22 1.95 28.07 19.25 9.87 45.81 95.04
Netherland 1.06 0.87 0.48 9.41 10.77 9.07 -12.65 18.74
Spain 3.75 3.08 3.48 39.29 29.68 17.84 32.38 66.37
Italy 3.39 3.14 3.68 39.32 31.17 14.03 26.13 122.17
Greece 0.86 0.81 1.33 12.26 9.63 5.39 27.32 78.66
Sweden 0.55 0.46 0.48 6.49 4.93 5.36 31.71 -8.02
Denmark 1.43 1.42 1 12.84 11.74 19.46 9.34 -39.67
Ireland 2.01 1.7 2.16 18.84 24.37 15.72 -22.7 55.03
Belgium 0.27 0.17 0.4 4.5 5.41 6.57 -16.81 -17.66
7.Norway 2.75 2.11 2.34 34.68 24.94 28.78 39.05 -13.34
8.Switzerland 2.62 1.52 1.39 21.94 18.61 22.72 17.88 -18.09
9.Australia 4.5 3.19 3.6 56.27 34.31 39.03 64.02 -12.09
10.Canada 11.95 9.2 6.58 115.12 79.07 100.62 45.59 -21.42
11.Japan 0.43 0.28 0.63 5.68 5.1 4.75 11.27 7.37
12.Other Countries 47.85 47.72 49.65 577.29 609 530.39 -5.21 14.82
II.Encashment and Profit in Pak.Rs. of FEBCs & FCBCs 0.001 0.003 0.02 1.02 0.48 2.4 113.32 -80
TOTAL (I+II) 841.44 757.86 735.17 8,905.95 7,811.43 6,451.24 14.01 21.08


MONTH-WISE WORKERS' REMITTANCES (Provisional)
(Million US Dollar)

MONTHLY CASH INFLOW INCLUDING FEBCS & FCBCS FY10 FY09 FY08

% CHANGE

FY10 FY09
December 697.65 673.5 479.26 3.59 40.53
January 667.9 637.3 557.07 4.8 14.4
February 589.03 641.32 502.76 -8.15 27.56
March 763.72 739.43 602.21 3.28 22.79
April 755.77 697.52 590.71 8.35 18.08
May 757.86 720.68 584.75 5.16 23.25
June 841.44 735.17 547.41 14.46 34.3
July-Jun 8,905.95 7,811.43 6,451.24 14.01 21.08
Monthly Average( July-Jun) 742.16 650.95 537.6 14.01 21.08


LIQUID FOREIGN EXCHANGE RESERVES (Million US $)

END PERIOD NET RESERVES WITH SBP NET RESERVES WITH BANKS TOTAL LIQUID FX RESERVES
1998-99 1,672.7 616.5 2,289.2
1999-00 997.0 976.6 1,973.6
2000-01 1,688.9 1,542.6 3,231.5
2001-02 4,337.4 2,098.2 6,435.6
2002-03 9,529.1 1,240.6 10,769.7
2003-04 10,563.9 1,825.4 12,389.3
2004-05 9,804.7 2,792.9 12,597.6
2005-06 10,765.2 2,357.2 13,122.4
2006-07 13,345.4 2,301.8 15,647.2
2007-08 8,577.0 2,821.7 11,398.7
2008-09 9,117.9 3,307.3 12,425.2
Jun-2009-10 12,066.5 3,766.5 15,833.0
02-Jul-10 12,951.7 3,816.0 16,767.7
09-Jul-10 12,821.5 3,804.9 16,626.4


OVERSEAS PAKISTANIS

REGION POPULATIONS
Saudi Arabia 1,100,000
United Kingdom 1,000,000
United Arab Emirates 880,000
United States 700,000
Canada 300,000
Kuwait 100,000
Oman 85,000
Qatar 52,000
France 50,000
Italy 46,085
Bahrain 45,000
Greece 45,000
Approximately 4% of the Pakistani population.


COUNTRY WISE FDI INFLOWS ($ Million)

COUNTRY 2007-08 2008-09 Jul-May 10
USA 1,309.30 869.9 521.8
UK 460.2 263.4 274.9
U.A.E 589.2 178.1 204.4
Japan 131.2 74.3 24.1
Hong Kong 339.8 156.1 9
Switzerland 169.3 227.3 147.2
Saudi Arabia 46.2 -92.3 -103.9
Germany 69.6 76.9 49.3
Korea(South) 1.2 2.3 2.1
Norway 274.9 101.1 0.5
China 13.7 -101.4 -2.9
Others 2,005.20 1,964.20 904.2
Total 5409.8 3719.9 2030.7
Privatization Proceeds 133.2 0 0
FDI Excl. Pvt. Proceeds 5,276.60 3,719.90 2,030.70