Pakistan received $41.6 billion in workers’ remittances during fiscal year 2025-26, up 8.6% from $38.3 billion in the previous fiscal year but remittances fell 18.3% as compared with the previous month, reported 24NewsHD TV channel.
According to data released by the State Bank of Pakistan (SBP) on Thursday, in June 2026, workers’ remittances stood at $3.5 billion. The inflows increased 2.0% on a year-on-year basis but fell 18.3% compared with the previous month.
Saudi Arabia remained the largest source of remittances in June, with inflows of $829.6 million. The United Arab Emirates followed with $792.2 million, while remittances from the United Kingdom stood at $514.9 million.
Inflows from the United States were recorded at $296.8 million during the month.
The full-year increase in remittances provides support to Pakistan’s external account at a time when the country continues to manage import payments, debt obligations and foreign exchange reserve targets.
Workers’ remittances are a key source of foreign exchange for Pakistan and help support household consumption, the current account and overall balance of payments.
PM Shehbaz thanks overseas Pakistanis
Prime Minister Shehbaz Sharif on Thursday expressed gratitude to overseas Pakistanis for sending higher remittances during the fiscal year 2025-26 than the previous year.
The prime minister, in a statement, thanked the patriotic overseas Pakistanis for sending $41.6 billion in remittances during the fiscal year 2025-26. He said that the 8.6 percent increase in remittances reflected the trust of overseas Pakistanis in the government policies.
Calling the overseas Pakistanis as a valuable asset, Prime Minister Shehbaz said that he, along with the entire nation, was proud of them, and assured that steps for their welfare were among the government’s priorities.
Reporters Ashraf Khan and Awais Kiyani