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Egyptian Remittances Jump to $32.6bn

Businessmen Team news 12 May 2025 07:43 PM
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Egyptian Remittances Jump to $32.6bn

Remittances from Egyptians working abroad witnessed an unprecedented surge a year after the reform measures implemented in March 2024 (March/February 2024/2025).

Remittances increased by 72.4%, or $13.7 billion, to approximately $32.6 billion, according to the Central Bank.

Remittances also more than doubled during February 2025 for the twelfth month, reaching about $3.0 billion (compared to about $1.3 billion during February 2024), which are flows that have never occurred before during the month of February.