Home MoneyBanks Remittances from expatriate Egyptians climb 5.0% in 2019 – c.bank

Remittances from expatriate Egyptians climb 5.0% in 2019 – c.bank

by Ahmed Ali
Egypt's central bank Egyptians central bank

Egypt received $26.8 billion in remittances from Egyptians living abroad in 2019, around 5.0 percent up from $25.5 billion in 2018, the central bank said in a statement on Thursday.

Transfers from Egyptian expatriates are a key source of foreign currency for Egypt.

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