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Business & Finance Print edition: 2023-07-11

FY23 remittances fall 13.6pc to $27bn YoY

Published July 11, 2023 Updated July 11, 2023 06:08am
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KARACHI: Workers’ remittances declined by 13.6 percent to $27 billion in the fiscal year FY23 as compared to inflows of $31.3 billion recorded in FY22.

In the month of June 2023, the workers’ remittances increased by 3.9 percent on month-on-month basis to $2.2 billion; however, remained down 22 percent on year-on-year basis.

The remittances inflows during June 2023 were mainly sourced from Saudi Arabia ($515.1 million), United Kingdom ($343.0 million), United Arab Emirates ($324.7 million) and United States of America ($272.3 million).

Copyright Business Recorder, 2023

Pakistan Remittances FY23 worker remittances remittances inflow

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test Jul 11, 2023 08:34am
Log Nokriyon Kay liye Tarsay Huay Hukmaran Dollaron Kay liye Tarsay Huay The above are classic examples of an economic destruction and elite control. After all Yahi Hamari Aukat hai So elite should keep begging and poor should keep doing low level jobs in those countries even if it mean cleaning toilets. And don't worry your elite class will spend your hard earned dollars on their lavish lifestyle i mean the money which you earn by cleaning toilets and driving cabs in those countries or by doing mehnat mazdoori in those countries etc.
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