According to State Bank of Pakistan, workers’ remittances recorded an inflow of US$2.3 billion in Nov 23. Regarding growth, during Nov 23, remittances decreased by 8.6 per cent on m/m and increased by 3.6 per cent on a y/y basis. Workers’ remittances inflow of US$ 11 billion has been recorded during the first five months of FY24. Remittances inflows during Nov 23 were mainly sourced from Saudi Arabia ($540.3 million), the United Arab Emirates ($409.4 million), the United Kingdom ($341.7 million) and the United States of America ($261.5 million).