For the third month in a row, remittances from Egyptians working abroad increased during May at a rate of 73.8 percent on an annual basis to reach about US$2.7 billion compared to about $1.6 billion during last year. It also increased by 26.6 percent compared to April, during which it reached about $2.2 billion, following the economic reform package on March 6. Remittances from Egyptians expats has increased during April at a rate of 43.8 percent (on an annual basis), for the second month in a row, to reach about $2.2 billion (compared to about $1.5 billion during 2023). In April, it increased by 2.6 percent compared to March, during which it recorded about $2.1 billion, as a result of econo
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