International News
Workers’ Remittances in May, 2022
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.
