Egyptian workers remittances rose for the third consecutive month, jumping by 73.8% on an annual basis, to 2.7

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CBE: Egyptian workers' remittances rose to $2.7 bn in May, 2024

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CBE

Egyptian workers' remittances rose for the third consecutive month, jumping by 73.8% on an annual basis, to $2.7 bn in May 2024, compared to $1.6 bn in May 2023.

 

It also increased by 26.6% on a monthly basis, compared to April 2024, during which it recorded about $2.2 bn, following the economic reform on March 6, 2024.