Increase in money returned by Pakistani's abroad

PAKISTAN - Remittances from Pakistanis living overseas more than doubled in the financial year that ended last month - their most robust growth for years, the State Bank of Pakistan said on Thursday.

In June, expatriate Pakistanis sent back $268.5m (£171m) through banking channels, against $85.5m during the same month a year ago, the bank said. Remittances during the last (July-June) financial year of $2.29bn were substantially up from $915m a year before.

The sharply rising remittances have co

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