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Wednesday, 2 August 2017 00:00 - - {{hitsCtrl.values.hits}}
As a result of adverse economic and geopolitical conditions prevailing in the Middle Eastern region, workers’ remittances declined for the third consecutive month in May 2017.
Workers’ remittances at $ 575.4 million in May declined by 3.7% on a year-on-year basis. Consequently, cumulative inflows from workers’ remittances declined by 5.8% to $ 2,797.0 million during the first five months of 2017 in comparison to the corresponding period of 2016.
