Egyptian expats send more cash home in year of pandemic

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ARAB NEWS
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Mon, 2021-03-15 10:04

DUBAI: Egyptians expats sent more cash home last year as the pandemic forced many people out of work and hit household income.
Remittances from Egyptians working abroad rose 10.5 percent year-on-year to $29.6 billion in 2020, the central bank said on Monday.
Remittances in the final quarter of the year were about $7.5 billion, compared with about $7 billion the previous year, the central bank said.

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