Karachi January 10 2025: Pakistan’s workers’ remittances recorded an inflow of US$ 3.1 billion during December 2024, according to data released by State Bank of Pakistan.
In terms of growth, remittances increased by 29.3 % on y/y and 5.6 % on m/m basis.
Cumulatively, with an inflow of US$ 17.8 billion, workers’ remittances increased by 32.8 percent during H1FY25 compared to US$ 13.4 billion received during H1FY24.
Remittances inflows during December 2024 were mainly sourced from Saudi Arabia ($770.6 million), United Arab Emirates ($631.5 million), United Kingdom ($456.9 million) and United States of America ($284.3 million).
