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Workers’ remittances recorded an inflow of US$ 2.9 billion during August 2024

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  • Workers’ remittances recorded an inflow of US$ 2.9 billion during August 2024.
  • In terms of growth, remittances increased by 40.5 percent on y/y basis.
  • Cumulatively, with inflow of US$ 5.9 billion, workers’ remittances increased by 44.0 percent during first two months of FY25 compared to US$ 4.1 billion received during first two months of FY24.
  • Remittances inflows during August 2024 were mainly sourced from Saudi Arabia ($713.1 million), United Arab Emirates ($538.4 million), United Kingdom ($474.8 million) and United States of America ($322.4 million).

 

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