Friday, August 19, 2022

Increase in remittances of Pakistanis working in Kuwait

Remittances from Pakistanis working in Kuwait have recorded an annual growth of 8.5 percent during the last financial year.

According to the statistics released by the State Bank in this regard, Pakistanis working in Kuwait sent foreign exchange worth 934.4 million dollars to the country in fiscal year 2022, which is 8.5 percent more than in fiscal year 2021.

In the fiscal year 2021, Pakistanis working in Kuwait sent foreign exchange worth $861.6 million to the country. Remittance volume from Kuwait was recorded at $85.3 million in June.

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