Pakistan’s remittances climbed to $3.4 billion in October 2025, recording a 12% increase compared to the same month last year, the State Bank of Pakistan (SBP) reported. The inflow also rose by 7% from September, showing renewed confidence among overseas Pakistanis in the country’s economic policies. This upward trend has provided crucial support to the nation’s external accounts at a time of growing pressure on foreign exchange reserves.
During the first four months of the fiscal year 2025–26, remittances reached $13 billion, reflecting a strong 9.3% rise from $11.9 billion in the same period last year. Analysts believe this growth highlights steady employment trends in the Gulf and improved use of formal banking channels for sending money home. The SBP attributed the surge to continued policy efforts encouraging digital transfers and measures to reduce informal money flows.
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Saudi Arabia remained the top contributor with $820.9 million in inflows, followed by the United Arab Emirates with $697.7 million, the United Kingdom with $487.7 million, and the United States contributing $290 million. These countries together accounted for the majority of Pakistan’s foreign remittances, reinforcing the vital role of the Pakistani diaspora in supporting the economy. The increase also aligns with broader efforts to attract foreign exchange through diversified remittance channels.
Prime Minister Shehbaz Sharif praised overseas Pakistanis for their continued trust and commitment, calling them “the backbone of the nation’s economy.” He stated that the steady rise in remittances reflected the government’s credibility and effective fiscal management. The premier also reaffirmed his administration’s focus on strengthening economic reforms to sustain confidence among expatriates and ensure transparent use of their contributions.
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Looking ahead, the government expects the positive remittance momentum to continue through the fiscal year, helping to stabilise the rupee and build foreign exchange reserves. Economists note that consistent inflows from the Pakistani diaspora remain a critical factor in easing balance of payments challenges. With October’s record inflow setting a promising tone, Pakistan’s policymakers see a clearer path toward greater economic resilience and external stability.