KARACHI: Nov 14, 2022: The State Bank of Pakistan (SBP) has released data of remittances received by Pakistan in October 2022. It said the workers’ remittances recorded an inflow of US$2.2 billion during October 2022.
During October 2022, remittances decreased by 9.1 percent on m/m and by 15.7 percent on
y/y basis. 3. With the cumulative inflow of US$ 9.9 billion during Jul-Oct FY23, decreasing by 8.6 percent as compared to the same period last year.
The remittances inflows during October 2022 were mainly sourced from Saudi Arabia ($570.5
million), the United Arab Emirates ($427 million), the United Kingdom ($278.8 million) and the
United States of America ($253.1 million)