Remittances by expatriates in Kuwait to their home countries decreased in the second-quarter of this year by 22 percent relative to the first-quarter. From April to June, remittances fell to KD1.06 billion from the KD1.35 billion in the first-quarter.

Meanwhile, total remittances during the first-half of the year showed a slight increase of 12 percent compared to the same period in 2019, rising to KD2.41 billion from KD2.15 billion in remittances during the first six months of last year.

The fall in remittances during second-quarter is attributed to precautionary measures implemented by the government in the wake of the pandemic to prevent its spread. Some of these measures, including suspension of all business activity, as well as lockdowns and curfews that restricted movement, led to many expatriates losing their source of income and unable to sustain themselves, let alone transfer money to support their families back home.

 

 


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