Remittances also increased by 15.9% compared to the immediately preceding month, June 2024, during which they recorded about $2.6 billion.
Remittances saw a more than twofold increase compared to their pre-reform levels following the measures implemented on March 6, 2024. In February 2024, remittances were restricted to approximately $1.3 billion.
On a monthly basis, remittances from Egyptians abroad increased by 26.6% compared to April 2024, when they recorded about $2.2 billion.
Furthermore, Remittances from Egyptians abroad also increased by 2.6% compared to the preceding month, March 2024, during which they recorded about $2.1 billion.
Remittances from Egyptian expatriates amounted to $15.6 billion during the second half of 2021.
