“After climbing for six straight years between 2010-2015 ($26.3 billion to $41.8 billion) foreign remittances from Saudi Arabia have declined annually over the 2016-2019 period with $33.4 billion remitted in 2019.”
-Reporting based on research conducted by Saudi Arabia’s Okaz newspaper tracks the trajectory of foreign remittances over the last decade. They are expected to decline even further in 2020. [Middle East Monitor]
