A Thursday press statement from the Central Bank of Egypt revealed a historical hike of Egyptian expats’ remittances up to $26.5bn in the fiscal year(FY) of 2018 with a 21.1% increase, compared with FY 2017 which was $21.9bn.
Egyptian expats’ remittances recorded $7bn from April to June compared with $6bn during the same period of FY 2017.
