India top destination of remittances from Qatar

Dubai, May 2 : India topped the list of countries to which remittances have been sent by expatriate workers in Qatar in the period 2006-2012, according to a new report.

The annual report of the Qatar Chamber, the representative body of the private sector in that Gulf nation, said that of the USD 60 billion remitted by foreign workers in the period, 54 percent went to Asian nations with India leading the pack and the Philippines following, The Peninsula newspaper reported Thursday.

Arab nations accounted for 28 percent while the US and Egypt trailed the list.

International Monetary Fund figures were cited while compiling the report.

There are around 420,000 expatriate Indians in Qatar, many of them working as blue collar workers.

--IANS (Posted on 02-05-2013)

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