By Qudsia
Pakistan received $3.2 billion in workers’ remittances in September 2025 — an increase of 11.3% compared to the same month last year, according to new data from the State Bank of Pakistan (SBP).
The steady rise highlights the continued support of overseas Pakistanis during a time of global economic uncertainty.
Remittances Rise Sharply in First Quarter of FY26
During the first three months of the current fiscal year (FY26), total remittances reached $9.5 billion, up from $8.8 billion in the same period last year — an 8.4% increase.
Economists say this strong performance shows stability in Pakistan’s external finances and helps ease pressure on the country’s current account deficit.
Saudi Arabia Leads as Top Source of Inflows
Saudi Arabia remained the largest source of remittances, sending $750.9 million in September. It was followed by the United Arab Emirates with $677.1 million, the United Kingdom with $454.8 million, and the United States with $269 million.
These four countries made up the biggest share of total inflows during the month.
Government Initiatives Boost Confidence and Digital Transfers
Experts believe the strong inflows from both Middle Eastern and Western countries reflect steady job markets abroad and the confidence overseas Pakistanis have in official banking systems.
The rise also comes as the government and banks continue to promote digital and formal money transfer methods, which make sending money easier, faster, and more transparent.
Remittances Strengthen Pakistan’s Economy and Rupee Stability
Remittances have long been a vital source of foreign income for Pakistan, often exceeding export earnings in some months.
The latest increase is expected to help stabilize the rupee, boost foreign exchange reserves, and strengthen the country’s balance of payments.
As the fiscal year continues, the key question is whether Pakistan can maintain this positive trend while facing changes in global markets and exchange rates in countries where most overseas Pakistanis work.
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