Bahrain: Nearly 25% Drop In Expat Remittances

Bahrain: Nearly 25% drop In Expat Remittances
Expats’ remittances in Bahrain decrease by 24.3% during the first quarter of 2019.

Expats’ remittances in Bahrain decrease by 24.3% during the first quarter of 2019.

Expats’ remittances in Bahrain in the first quarter of this year amounted to $640 million, compared to $840 million in the corresponding period last year.

According to a survey by mubasher.info, the volume of expatriates’ remittances in the GCC declined by 9.97 % year-on-year in the first quarter of this year 2019, due to the pressure of policies adopted by the GCC governments.

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