Pakistan recorded an 8.41% increase in overseas workers’ remittances during the first quarter (July–September) of fiscal year 2025–26, according to data released by the State Bank of Pakistan (SBP) on Thursday.
The total inflow reached $9.536 billion, compared to $8.796 billion during the same period last year. On a year-on-year basis, remittances rose 11.33% in September 2025, amounting to $3.183 billion versus $2.859 billion in September 2024.
Most of the inflows in September came from Saudi Arabia ($750.9 million), the United Arab Emirates ($677.1 million), the United Kingdom ($454.8 million), and the United States ($269 million).
Khurram Schehzad, Adviser to the Finance Minister, noted that Pakistan received $38.3 billion in remittances last fiscal year and is expected to cross the $41 billion mark in FY26.
He said remittances are not merely financial inflows but a lifeline for millions of households, reflecting the economic resilience and global contribution of Pakistani workers.
Economists believe the surge stems from sustained demand for Pakistani labor in the Gulf and regional economic stability, which could help strengthen Pakistan’s external accounts and foreign reserves in the months ahead.
