KARACHI : August 10, 2023 : The State Bank of Pakistan (SBP) has released dat of remittances received in July 2023.
According to SBP data released on Thursday the Workers’ remittances recorded an inflow of US$2 billion during July 23.
It added that remittances decreased by 7.3 percent on m/m basis and by 19.3 percent on y/y basis in July this year.
It maintained that remittances inflows during July 23 were mainly sourced from Saudi Arabia ($486.7 million), United Arab Emirates ($315.1 million), United Kingdom ($305.7 million) and
United States of America ($238.1) million respectively