• Workers’ remittances recorded an inflow of US$3.2 billion during May 24.
• In terms of growth, during May 24, remittances increased by 15.3 percent on m/m basis and by 54.2 percent on y/y basis.
• Cumulatively, with inflow of US$ 27.1 billion workers’ remittances increased by 7.7 percent during the first eleven months of FY24 compared to the same period last year.
• Remittances inflows during May 24 were mainly sourced from Saudi Arabia (US$819.3 million), United Arab Emirates (US$668.5 million), United Kingdom (US$473.2 million) and United States of America (US$359.5 million).