Workers' remittances remained over $2 bn in Feb for ninth co

Workers' remittances remained over $2 bn in Feb for ninth consecutive month


Workers' remittances remained over $2 bn in Feb for ninth consecutive month
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Worker’s remittances surge 24.2 percent in February
KARACHI (Dunya News) – For ninth consecutive month, the workers’ remittances from abroad remained above $2 billion in February 2021.
According to State Bank of Pakistan (SBP), on Thursday, workers’ remittances received in last month amounted to $ 2.266 billion; almost at same level of the previous month and 24.2 % higher than of February 2020.
During July 2020 to February 2021, workers’ remittances reached $18.7 billion; 24.1 percent higher than the corresponding period of last year.
A large part of workers ‘remittance inflow during this period was sourced from Saudi Arabia ($5.0 billion), United Arab Emirates ($3.9 billion), United Kingdom ($2.5 billion) and United States ($1.6 billion).

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