Saudi Arabia Leads Worker Remittances as Pakistan Sees 29% Year-on-Year Growth for September
Wednesday, 9 October 2024, 09:50
Worker Remittances Surge in September
In September, Pakistan reported a striking 29% year-on-year growth in worker remittances, with Saudi Arabia being the largest contributor, sending $681.3 million. Other significant sources include:
- UAE: $560.3 million
- UK: $423.6 million
- USA: $274.9 million
Positive Economic Implications
This growth in remittances is likely to have positive implications for Pakistan's economy, providing crucial support to households and boosting overall financial stability.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.