24 Mar, 18:42··

Iran War Threatens Gulf Remittances

The ongoing war in Iran poses a significant risk to the substantial Gulf remittances that fuel economies across South Asia. Economists predict a prolonged conflict will negatively impact the Gulf’s economies, directly threatening the flow of money sent home by millions of workers. This disruption could have severe consequences for household incomes and economic stability in countries like Pakistan and Bangladesh.

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economymiddle eastremittances