Overseas Pakistanis sent record $3.2 billion in Sept

Published: 03:03 PM, 9 Oct, 2025
Business, Latest
Overseas Pakistanis sent record $3.2 billion in Sept
Caption: Representational image.

The State Bank of Pakistan (SBP) has recorded worker remittances inflows of $3.2 billion in the month of September and Saudi Arabia was the leading source with $750 million, reported 24NewsHD TV channel.

In a statement on Thursday, the SBP said remittance inflows in September increased by 11.3 percent on a year-on-year basis. “Remittances inflows during September 2025 were mainly sourced from Saudi Arabia ($750.9 million), United Arab Emirates ($677.1 million), United Kingdom ($454.8 million) and United States of America ($269.0 million),” the SBP said in a statement.

Cumulatively, workers’ remittances increased by 8.4 percent to $9.5 billion during the first quarter of this fiscal year, compared to $8.8 billion received during the same period last year.

Pakistan received a record $38.3 billion in workers’ remittances during the last fiscal year, reporting an increase of about $8 billion over a 12-month period — exceeding the country’s ongoing $7 billion International Monetary Fund (IMF) loan program.

According to the SBP, Saudi Arabia led all contributors during FY25, with remittances totalling $9.34 billion, followed by the United Arab Emirates at $7.83 billion, the United Kingdom at $5.99 billion and the United States at $3.72 billion.

Remittances from Gulf Cooperation Council (GCC) countries excluding Saudi Arabia and the UAE totalled $3.71 billion, while EU countries contributed $3.53 billion.

These inflows help stabilize Pakistan’s economy and give policymakers breathing room during periods of tight external financing conditions.

Reporter Ashraf Khan

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