Karachi May 9 2024: Pakistan’s Workers’ remittances recorded an inflow of USD 2.8 billion during April 2024, according to data released by statement bank of Pakistan today.
In terms of growth, during April 2024, remittances increased by 27.9 percent on y/y basis.
Cumulatively, with inflow of USD 23.8 billion, workers’ remittances increased by 3.5 percent during first 10 months of FY24 compared to the same period last year.
Remittances inflows during April 2024 were mainly sourced from Saudi Arabia (USD 712.0 million), United Arab Emirates (USD 542.3 million), United Kingdom (USD 403.2 million) and United States of America (USD 329.2 million).