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Workers’ remittances recorded an inflow of US$2.0 billion during Dec 22.
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During Dec 2022, remittances decreased by 3.2 percent on m/m and by 19.0 percent on y/y basis.
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With cumulative inflow of US$ 14.1 billion during H1FY23, the remittances decreased by 11.1 percent as compared to the same period last year.
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Remittances inflows during Dec 2022 were mainly sourced from Saudi Arabia ($516.3 million), United Arab Emirates ($328.7 million), United Kingdom ($314.2 million) and United States of America ($230.5 million).