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FDI drops 43% in H1 FY26 as trade deficit widens, while stock market surges and manufacturing, remittances, and fiscal surplus show resilience.
Economy

SBP reports 31% growth in remittances in 10 months of FY2024-25

Javed MahmoodBy No Comments1 Min Read

ISLAMABAD: The State Bank of Pakistan today reported 31% growth in the inflows of remittances in 10 months of the ongoing fiscal year 2024-25.

Cumulatively, with an inflow of US$ 31.2 billion from July 2024 to April 2025, workers’ remittances increased by 31 percent compared to US$ 23.9 billion received during Jul-Apr FY24.

Meanwhile, the remittances recorded an inflow of US$ 3.2 billion during April 2025. 

  • In terms of growth, remittances increased by 13.1 percent on y/y basis.
  • Remittances inflows during April 2025 were mainly sourced from Saudi Arabia ($725.4 million), United Arab Emirates ($657.6 million), United Kingdom ($535.3 million) and United States of America ($302.4 million).
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I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.

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