• Workers’ remittances recorded an inflow of US$1.9 billion during Jan 23.
  • During Jan 23, remittances decreased by 9.9 percent on m/m and 13.1 percent on y/y basis.
  • With cumulative inflow of US$ 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).