Wednesday 17 July 2013

Remittance outflow from Oman to be US$7.4bn: World Bank - Oman - Muscat Daily

Remittance outflow from Oman to be US$7.4bn: World Bank - Oman - Muscat Daily:

"India, Bangladesh and Pakistan are the major beneficiaries of remittances sent from Oman, with outward remittances for 2012 estimated to be about US$7.3-7.4bn, according to the World Bank.

Speaking to Muscat Daily from Washington, Dilip Ratha, manager, Migration and Remittances Unit, World Bank, said, “The total outward remittance flows from Oman for 2011 were about US$7.2bn. Of this, 67 per cent went to India and 13 per cent to Bangladesh.”

Meanwhile, Pakistan was the third highest recipient, receiving about 7 per cent and 6.5 per cent of the outflows from Oman in 2011 and 2010 respectively."

'via Blog this'

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