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Remittances by expatriate increased in 1st quarter

Sunday, July 22, 2018

Central Bank of Kuwait revealed that the remittances of expatriate workers in Kuwait increased by 3.5 percent during the first quarter of this year.

The Central Bank said expatriates’ remittances reached KD 1.029 billion in the first quarter of 2018 compared to KD 995 million in the last quarter of 2017.

The remittances of expatriate workers in Kuwait had declined during 2017 by 9.2 percent to KD 4.14 billion compared to KD 4.56 billion in 2016.


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Express your comment on this article

 
wagle
Saturday, July 28, 2018
first reason the youngster of country got breakup from GF. and now they r sending the money
second reason the family which send back to the country their caretaker is staying in mess and sending the balance to family.



Kala Liyaket
Sunday, July 22, 2018
Strong dollar & 1000 INR=4.414 KD is the reason.

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