1. Workers’ remittances recorded an inflow of US$2.2 billion during October 2022.
  2. During October 2022, remittances decreased by 9.1 percent on m/m and by 15.7 percent on y/y basis.
  3. With the cumulative inflow of US$ 9.9 billion during Jul-Oct FY23, decreasing by 8.6 percent as compared to the same period last year.
  4. Remittances inflows during October 2022 were mainly sourced from Saudi Arabia ($570.5 million), the United Arab Emirates ($427 million), the United Kingdom ($278.8 million) and the United States of America ($253.1 million).