Workers’ Remittances in July 2023

Karachi, August 10, 2023 (PPI-OT): Workers’ remittances recorded an inflow of US$2 billion during July 23. During July 23, remittances decreased by 7.3 percent on m/m basis and by 19.3 percent on y/y basis.

Remittances inflows during July 23 were mainly sourced from Saudi Arabia ($486.7 million), United Arab Emirates ($315.1 million), United Kingdom ($305.7 million) and United States of America ($238.1) million respectively.

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: [email protected]

Website: www.sbp.org.pk

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