Overseas workers’ remittances increased by 8.41% during the first quarter (July-September) of the current fiscal year, according to data issue by the State Bank of Pakistan (SBP).
The central bank’s data shows inflows of $9.536 billion during July-September 2025-26 against $8.796 billion during the corresponding period in the last fiscal year. In September alone, the SBP recorded workers’ remittances of $3.183 billion, 11.33% higher than the $2.859 billion recorded in the same month last year.
Remittances’ inflows during September were primarily from Saudi Arabia ($750.9 million), the United Arab Emirates ($677.1 million), the United Kingdom ($454.8 million), and the United States of America ($269 million).
In a statement on X, Adviser to the Finance Minister Khurram Schehzad said described remittances as a “lifeline for households and a cushion” for the country’s foreign exchange reserves. “Remittances aren’t just money—they’re resilience,” he added.