• Workers’ remittances recorded an inflow of US$ 2.8 billion during April 2024.
• In terms of growth, during April 2024, remittances increased by 27.9 percent on y/y basis.
• Cumulatively, with inflow of US$ 23.8 billion, workers’ remittances increased by 3.5 percent during first 10 months of FY24 compared to the same period last year.
• Remittances inflows during April 2024 were mainly sourced from Saudi Arabia (US$ 712.0 million), United Arab Emirates (US$ 542.3 million), United Kingdom (US$ 403.2 million) and United States of America (US$ 329.2 million).