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Workers’ Remittances in May, 2022


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KARACHI:- In May 2022, workers  remittances amounted to $2.3 billion Remittance continued to remain above the $2 billion mark since June 2020.

Remittance decreased by 25.4 percent on m/m basis and 6.9 percent on y/y basis Drop was largely reflecting the usual seasonal post Eid decline and associated long holiday.

Cumulatively, at $ 28.4 billion, remittances have grown by 6.3 percent (y/y) during the first 11 months of FY22.

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