KARACHI – Workers’ remittances recorded an inflow of $2.4 billion during January 2024, reveals data shared by the State Bank of Pakistan on Monday.
In terms of growth, remittances increased by 0.6 per cent on month on month and 26.2 per cent on year on year basis. Workers’ remittances inflow of $15.8 billion has been recorded during first seven months of FY24.
During Jan 24, workers’ remittances recorded an inflow of US$2.4 billion.
For details see https://t.co/rPOvn9CTjfhttps://t.co/7XBd4uNES4#SBPRemittances pic.twitter.com/BJ79w2B0fs— SBP (@StateBank_Pak) February 12, 2024
Remittances inflows during January 2024 were mainly sourced from Saudi Arabia ($587.3 million),
United Arab Emirates ($407.6 million), United Kingdom ($362.1 million) and United States of
America ($283.4 million).
