(MENAFN) On Tuesday, the Central Bank of Egypt (CBE) revealed that the total value of remittances from Egyptians working abroad have reached USD21.9 billion in the period from July 2017 to April 2018.
"Remittances from expatriate Egyptians would reach USD26 billion during the current financial year 2017-18," the bank said in an official statement.
Egypt's financial year begins in early July and lasts until the end of June of the following year.
They bank said that in the previous financial year, Egyptian expats' remittances reached USD17.453 billion.
MENAFN1807201800450000ID1097172005
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.