CAIRO – Deputy Central Bank Governor and Economic Research Sector Assistant Dr Adel Abdel Azim said that remittances of Egyptians working abroad recorded during the first 10 months of 2021 (January/October) about $26.4 billion, with an increase of about $1.9 billion and at a rate of 7.8%, compared to the same period in 2020.
In a statement by the CBE, Abdel Azim said that remittances from Egyptians working abroad received during the July-October 2021 period, registered an increase of 0.7% (on an annual basis), to reach about $10.45 billion compared to about $10.37 billion during the July-October period in 2020.
Preliminary data during October 2021 showed a slight decrease of 1.7% (on an annual basis) to record about $2.30 billion (compared to about $2.34 billion in October 2020), according to the statement.
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