Workers’ remittances recorded an inflow of US$1.9 billion during January 23. When compared with the past performance, the remittances decreased by 9.9 percent on month-on-month and 13.1 percent on year-on-year basis. With cumulative inflow of US$ 16 billion during first seven months of FY23, the remittances decreased by 11 percent compared to the same period last year. Remittances inflows during Jan 23 were mainly sourced from Saudi Arabia ($407.6 million), United Arab Emirates ($269.2 million), United Kingdom ($330.4 million) and United States of America ($213.9 million).
Source: IBP