Adverse economic and geopolitical conditions prevailing in the Middle Eastern region continued to have a negative impact on workers’ remittances. Workers’ remittances declined by 10.0 per cent to US dollars 556.6 million in August 2017 from US dollars 618.3 million in August 2016.
Furthermore, the cumulative inflow from workers’ remittances also declined by 6.3 per cent to US dollars 4,503.3 million during the first eight months of 2017, relative to the corresponding period of 2016.
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