Karachi, January 13, 2023 (PPI-OT):1. Workers’ remittances recorded an inflow of US$2.0 billion during Dec 22.

2. During Dec 2022, remittances decreased by 3.2 percent on m/m and by 19.0 percent on y/y basis.

3. With cumulative inflow of US$ 14.1 billion during H1FY23, the remittances decreased by 11.1 percent as compared to the same period last year.

4. Remittances inflows during Dec 2022 were mainly sourced from Saudi Arabia ($516.3 million), United Arab Emirates ($328.7 million), United Kingdom ($314.2 million) and United States of America ($230.5 million).

For more information, contact:
Chief Spokesman,
State Bank of Pakistan (SBP)
Central Directorate
I.I. Chundrigar Road, Karachi, Pakistan
Tel: +92-21-111-727-111
Tel: +92-21-39212562
Fax: +92-21-39212433 – 39212436
Email: chief.spokesperson@sbp.org.pk
Website: www.sbp.org.pk