Workers’ remittances record inflow of US$ 2.9 billion in Nov, 2024

By Our Correspondent

KARACHI:  In terms of growth, remittances increased by 29.1 percent in November, 2024 on y/y basis.

Cumulatively, with an inflow of US$ 14.8 billion, workers’ remittances increased by 33.6 percent during Jul-Nov, FY25 compared to US$ 11.1 billion received during Jul-Nov, FY24.

Remittance inflows during November, 2024 were mainly sourced from Saudi Arabia ($729.2 million), United Arab Emirates ($619.4 million), United Kingdom ($409.9 million) and United States of America ($288.2 million).