{"id":624165,"date":"2018-09-02T04:12:52","date_gmt":"2018-09-02T04:12:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/02\/remittances-rise-usd-21-1-y-o-y-in-fy2017-18-to-usd-26-5-bn\/"},"modified":"2018-09-02T04:12:52","modified_gmt":"2018-09-02T04:12:52","slug":"remittances-rise-usd-21-1-y-o-y-in-fy2017-18-to-usd-26-5-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/02\/remittances-rise-usd-21-1-y-o-y-in-fy2017-18-to-usd-26-5-bn\/","title":{"rendered":"Remittances rise USD 21.1% y-o-y in FY2017-18 to USD 26.5 bn"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Remittances from Egyptians living abroad rose 21.1% y-o-y <\/strong>in FY2017-18 to USD 26.5 bn, according to a central bank <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFB1N1N802R\">statement picked up by Reuters<\/a>. Remittances at the end of FY2016-17 had stood at USD 21.9 bn, according to the newswire.<\/p>\n<p>Meanwhile, <strong>Egypt\u2019s M2 Money Supply grew 17.84% y-o-y in July <\/strong>to EGP 3.47 tn, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFC6N1T8005\">the newswire also reported<\/a>, citing central bank data. That\u2019s a slower pace than in June, when M2 expanded at a 18.49% clip.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Remittances from Egyptians living abroad rose 21.1% y-o-y in FY2017-18 to USD 26.5 bn, according to a central bank statement picked up by Reuters. Remittances at the end of FY2016-17 had stood at USD 21.9 bn, according to the newswire. Meanwhile, Egypt\u2019s M2 Money Supply grew 17.84% y-o-y in July to EGP 3.47 tn, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-624165","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"1ecdb094-047f-41d2-b3ce-97e9650708a2","order":"0","is_powered_by":true,"section_story_id":"7cfe9c62-722a-4929-b33b-b25588676fc2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[624158],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Remittances rise USD 21.1% y-o-y in FY2017-18 to USD 26.5 bn - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/02\/remittances-rise-usd-21-1-y-o-y-in-fy2017-18-to-usd-26-5-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Remittances rise USD 21.1% y-o-y in FY2017-18 to USD 26.5 bn\" \/>\n<meta property=\"og:description\" content=\"Remittances from Egyptians living abroad rose 21.1% y-o-y in FY2017-18 to USD 26.5 bn, according to a central bank statement picked up by Reuters. Remittances at the end of FY2016-17 had stood at USD 21.9 bn, according to the newswire. Meanwhile, Egypt\u2019s M2 Money Supply grew 17.84% y-o-y in July to EGP 3.47 tn, the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/02\/remittances-rise-usd-21-1-y-o-y-in-fy2017-18-to-usd-26-5-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-02T04:12:52+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/02\/remittances-rise-usd-21-1-y-o-y-in-fy2017-18-to-usd-26-5-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/02\/remittances-rise-usd-21-1-y-o-y-in-fy2017-18-to-usd-26-5-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Remittances rise USD 21.1% y-o-y in FY2017-18 to USD 26.5 bn\",\"datePublished\":\"2018-09-02T04:12:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/02\/remittances-rise-usd-21-1-y-o-y-in-fy2017-18-to-usd-26-5-bn\/\"},\"wordCount\":84,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/02\/remittances-rise-usd-21-1-y-o-y-in-fy2017-18-to-usd-26-5-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/02\/remittances-rise-usd-21-1-y-o-y-in-fy2017-18-to-usd-26-5-bn\/\",\"name\":\"Remittances rise USD 21.1% y-o-y in FY2017-18 to USD 26.5 bn - 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Remittances rose 33.2% to USD 2.3 bn in the month of September.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570882,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/21\/egypts-remittances-rise-33-y-o-y-in-january-and-february\/","url_meta":{"origin":624165,"position":1},"title":"Egypt\u2019s remittances rise 33% y-o-y in January and February","author":"enterpriseam admin","date":"21 April 2020","format":false,"excerpt":"Remittances from Egyptians abroad for January and February rose by a third y-o-y to USD 5.2 bn, up from USD 3.9 bn in the same period last year, according to official data (pdf).","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591475,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/08\/egyptian-expat-remittances-forecast-to-be-among-fifth-highest-in-the-world-in-2019\/","url_meta":{"origin":624165,"position":2},"title":"Egyptian expat remittances forecast to be among fifth-highest in the world in 2019","author":"enterpriseam admin","date":"8 December 2019","format":false,"excerpt":"Egyptian expats are projected to send home the fifth highest value of remittances in the world by the end of year, World Bank data shows. Remittances to the country are expected to hit USD 26.4 bn this year, down slightly from USD 29 bn last year. Globally, remittance inflows to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":554158,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/22\/remittances-up-1-5-in-1q2021-2022\/","url_meta":{"origin":624165,"position":3},"title":"Remittances up 1.5% in 1Q2021-2022","author":"enterpriseam admin","date":"22 December 2021","format":false,"excerpt":"Remittances from Egyptians abroad were up 1.5% y-o-y to USD 8.1 bn in the first quarter of FY 2021-2022, the central bank announced in a statement (pdf). The quarterly figure rose despite September being a slow month, with remittances dipping 3% y-o-y to USD 2.6 bn. In August, remittances grew\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/450.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621847,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/19\/expat-remittances-rise-usd-20-4-y-o-y-in-september\/","url_meta":{"origin":624165,"position":4},"title":"Expat remittances rise USD 20.4% y-o-y in September","author":"enterpriseam admin","date":"19 November 2018","format":false,"excerpt":"Remittances to Egypt by citizens working abroad rose 20.4% y-o-y in September to USD 1.8 bn, up from USD 1.5 bn in September 2017, according to a central bank statement (pdf). This puts the remittances figure for 1Q2018-19 at USD 5.9 bn, up 1.5% from USD 5.8 bn in 1Q2017-18.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627047,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/non-oil-exports-grow-14-y-o-y-in-1h2018\/","url_meta":{"origin":624165,"position":5},"title":"Non-oil exports grow 14% y-o-y in 1H2018","author":"enterpriseam admin","date":"18 July 2018","format":false,"excerpt":"Egypt\u2019s non-oil exports grew by 14% y-o-y in 1H2018 to USD 12.75 bn, compared to USD 11.22 bn in the same period last year, the Trade and Industry Ministry said in a statement. 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