Скачать или смотреть Remittances down 19% year-on-year, clock in at $2.04bn in December - NEWS TIMES 9

Remittances down 19% year-on-year, clock in at $2.04bn in December - NEWS TIMES 9

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Remittances down 19% year-on-year, clock in at $2.04bn in December

Inflow declines for the fourth successive month. Cumulative inflow during July-December 11.1% lower every year. The inflow of overseas workers’ remittances continued to decline in Pakistan, clocking in at $2.04 billion in December 2022, a drop of 19% on a year-on-year basis.

According to data released by the State Bank of Pakistan (SBP) on Friday, the inflow of remittances stood at $2.52 billion in the same month of the previous year. The inflow in December is also the fourth successive
month-on-month decline.

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