ISLAMABAD: The State Bank of Pakistan (SBP) on Monday said remittances from overseas workers during March 2024 recorded an inflow of USD 3 billion.
In terms of growth, remittances grew by 31.3 per cent on a month-on-month basis and 16.4 per cent on a year-on-year basis during the month under review.
During the first nine months of the financial year 2023-24, workers’ remittances have recorded an increase of USD 21.0 billion as compared to USD 20.8 billion during the same period last year.
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Workers’ remittances during March 24 were mainly received from Saudi Arabia (US$703.1 million), the United Arab Emirates (US$548.5 million), the United Kingdom (US$461.5 million) and the United States (US$372.5 million).