Karachi July 9 2024: Pakistan’s workers’ remittances recorded an inflow of US$3.2 billion during June 2024, according to data released by State Bank of Pakistan today.
In terms of growth, during June 2024, remittances increased by 44.4 percent on y/y basis.
Remittances inflows during June 2024 were mainly sourced from Saudi Arabia (US$808.6 million), United Arab Emirates (US$654.3 million), United Kingdom (US$487.4 million) and United States of America (US$322.1 million).
Cumulatively, with inflow of US$ 30.3 billion workers’ remittances increased by 10.7 percent during FY24 compared to inflow of US$ 27.3 billion recorded in FY23.
