Remittances of Workers in August 2023


Karachi, September 11, 2023 (PPI-OT): Workers’ remittances recorded an inflow of US$2.1 billion during Aug 23.



In terms of growth, during Aug 2023, remittances increased by 3.1 percent on m/m.



Workers’ remittances inflow of US$ 4.1 billion has been recorded during Jul-Aug FY24 on cumulative basis.



Remittances inflows during Aug 2023 were mainly sourced from Saudi Arabia ($490.1 million), United Kingdom ($331.3 million), United Arab Emirates ($308.0 million) and United States of America ($262.4 million).



For more information, contact:
Chief Spokesman,
State Bank of Pakistan (SBP)
Central Directorate
I.I. Chundrigar Road, Karachi, Pakistan
Tel: +92-21-111-727-111
Tel: +92-21-39212562
Fax: +92-21-39212433 – 39212436
Email: chief.spokesperson@sbp.org.pk
Website: www.sbp.org.pk