Remittances from Filipino employees in Kuwait decreased by roughly 1.4% in the first eleven months of 2023, totaling $7.9 million. Remittances as a whole came to $532.3 million as opposed to $540.2 million in the same period in 2022. Throughout the GCC, the remittances from Filipino laborers accounted for 42.15% of all remittances from the Asian continent during that time.
According to data from the Central Bank of the Philippines, the total remittances from Asian countries to Filipino workers amounted to $11.90 billion, with the Gulf countries accounting for 16.61% of the total remittances from all countries worldwide.
Lorem ipsum dolor sit amet, consectetur adipisicing elit. Velit omnis animi et iure laudantium vitae, praesentium optio, sapiente distinctio illo?