RIYADH: Migrants in Saudi Arabia sent SR123.4 billion ($ 32.9 billion) to their home countries in the first 10 months of this year, an increase of 18.58 percent over 2019.
The increase in pay was seen as foreign workers in the state support their families during the Coronovirus Maha’Mari.
Despite the World Bank’s forecast in April that the Middle East and North Africa (MENA) region for low- and middle-income countries would fall by 19.6 percent, as workers struggled to cope with the effects of the global this year. Health crisis.
Empire workers make up three-fourths of the empire’s 13.6 million laborers, most of whom come from countries such as Syria, India, Pakistan, Bangladesh, the Philippines and Sri Lanka.
Data from the Saudi Central Bank (SAMA) show that between January and October there has been a year-on-year growth of 18.58 per cent, while funds in June increased by 60 per cent compared to June 2019.
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July also saw an increase of 32 percent, while August, September and October saw an increase in monthly levels of 24.7 percent, 28.5 percent and 19.2 percent as compared to the same months of the previous year.
