ISLAMABAD: The State Bank of Pakistan (SBP) reported that workers’ remittances reached US$ 3.20 billion in September 2025, reflecting continued confidence and strong inflows from overseas Pakistanis.
According to official data, remittances increased by 11.3 percent on a year-on-year (y/y) basis, showing steady growth despite global economic challenges.
Cumulatively, during the first quarter of FY26, total inflows stood at US$ 9.5 billion, up 8.4 percent compared to US$ 8.8 billion received during the same period last year.
Major Source Countries
Remittances in September 2025 were primarily sourced from:
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Saudi Arabia: US$ 750 million
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United Arab Emirates: US$ 677.1 million
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United Kingdom: US$ 454.8 million
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United States of America: US$ 269.0 million
These four countries collectively contributed more than two-thirds of total inflows, highlighting the continued importance of the Middle East, the UK, and the U.S. as key corridors for remittances to Pakistan.
Sustained Momentum in External Inflows
The consistent rise in remittances reflects improved formal transfer mechanisms, exchange rate stability, and policy measures encouraging overseas Pakistanis to use legal channels for fund transfers. The growth also supports Pakistan’s foreign exchange reserves and contributes to macroeconomic stability.
The SBP reaffirmed its commitment to facilitating faster, safer, and cost-effective remittance channels through partnerships with global financial institutions and local banks under the Pakistan Remittance Initiative (PRI).
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