Karachi February 12 2024: Pakistan Workers Remittances increased 26.2 percent to USD 2,397 million during January 2024, according to data released by State Bank of Pakistan.
However, according to the data, remittances experienced a 0.6 percent increase compared to the previous month’s flows.
Remittances from the UAE surged by 51.2 percent to reach USD 407 million, while those from Saudi Arabia saw a 43.4 percent increase, totaling USD 587 million. Worker remittances from the USA rose by 32 percent to USD 283 million, and they also increased by 9.3 percent to USD 362 million in January 2024.
