Remittances by expatriate increased in 1st quarter

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.