KARACHI – Workers’ remittances recorded an inflow of $2.1 billion during August 2023, reveals data released by State Bank of Pakistan on Monday.
During August 2023, workers remittances increased by 3.1 per cent on month on month basis.
During Aug 2023, workers’ remittances recorded an inflow of US$2.1 billion, witnessing an increase of 3.1 percent compared to the last month.
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#SBPRemittances pic.twitter.com/qlnFvG2rgz— SBP (@StateBank_Pak) September 11, 2023
Workers’ remittances inflow of $ 4.1 billion has been recorded during July-August on cumulative basis.
emittances inflows during Aug 2023 were mainly sourced from Saudi Arabia ($490.1 million), United Kingdom ($331.3 million), United Arab Emirates ($308.0 million) and United States of America ($262.4 million).