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The Central Bank of Egypt

CBE expects remittances of Egyptian expats to record $26bn by end of FY 2017/2018

Tue, July 17, 2018 18:31

CAIRO, July 17, 2018 (MENA) - The Central Bank of Egypt (CBE) expected on Tuesday remittances of Egyptians abroad to hit a high record of $26 billion by the end of the 2017/2018 fiscal year.

In a statement, the CBE said that the remittances of Egyptians working abroad amounted
to $21.9 billion from July 2017 to April 2018.

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