Karachi, October 9, 2025: Overseas Pakistani workers sent home $9.54 billion during the first quarter (July–September) of the ongoing fiscal year 2025–26, marking an 8.41% increase compared to the same period last year, the State Bank of Pakistan (SBP) reported on Thursday.
According to the central bank’s data, remittance inflows rose from $8.80 billion in the July–September period of FY2024–25 to $9.54 billion this year, reflecting a steady upward trend in foreign income.
On a year-on-year basis, remittances in September 2025 recorded a sharp 11.33% jump, reaching $3.18 billion, up from $2.86 billion in September 2024.
The SBP said the major sources of remittances during the month were Saudi Arabia ($750.9 million), the United Arab Emirates ($677.1 million), the United Kingdom ($454.8 million), and the United States ($269.0 million).
Adviser to the Finance Minister Khurram Schehzad, in a post on X (formerly Twitter), said Pakistan had received $38.3 billion in remittances during the previous fiscal year and projected that inflows could surpass the $41 billion mark in FY2025–26.
“Remittances are a lifeline for millions of households across the country,” Schehzad noted, adding that the consistent rise in foreign inflows has strengthened Pakistan’s external accounts. He emphasized that remittances “are not merely a financial inflow but a symbol of national and economic resilience.”
Economists say the continued increase in remittances reflects the confidence of overseas Pakistanis in the country’s economy, providing crucial support to Pakistan’s foreign exchange reserves and balance of payments amid ongoing economic reforms.
