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Saturday, December 21, 2024

Home Business Workers’ remittances up by 3.9 % in June

Workers’ remittances up by 3.9 % in June

by News desk
July 11, 2023
in Business

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Workers’ remittances recorded an inflow of US$2.2 billion during June 2023. During June 2023, remittances increased by 3.9 percent on m/m basis. Cumulatively, at US$ 27.0 billion, remittances decreased by 13.6 percent during FY23 as compared to FY22. Remittances inflows during June 2023 were mainly sourced from Saudi Arabia ($515.1 million), United Kingdom ($343.0 million), United Arab Emirates ($324.7 million) and United States of America ($272.3 million).