Overseas Pakistanis sent $3.53 billion in remittances during April 2026, reflecting an 11.4 per cent increase compared to the same month last year, according to data released by the State Bank of Pakistan (SBP) on Monday. Despite the year-on-year growth, inflows recorded a month-on-month decline of 7.6 per cent from March 2026, when remittances stood at $3.83 billion.
Read More: Pakistan records $3.8bn in remittances for March 2026
The SBP reported that cumulative remittances during the first ten months of the fiscal year 2025–26 reached $33.86 billion, marking an 8 per cent rise compared to the corresponding period of the previous fiscal year. Analysts noted that the overall upward trend reflects continued support from overseas Pakistanis despite global economic uncertainty and regional challenges.
Pakistan received $3.5 billion in remittances in April, down 8% from March as inflows fell from key Middle East markets including Saudi Arabia and the UAE 🧵 pic.twitter.com/pmZGRqwADE
— ProPakistani (@ProPakistaniPK) May 11, 2026
Saudi Arabia remained the largest source of remittances in April, with Pakistani workers sending $841.7 million from the Kingdom. The United Arab Emirates followed with $734.7 million, while other Gulf Cooperation Council (GCC) countries contributed $325 million. Combined inflows from the Middle East reached nearly $1.9 billion, underscoring the region’s continued importance in Pakistan’s external accounts.
Economists attributed the slight monthly decline to seasonal factors, including higher transfers ahead of Eid in earlier months, which typically front-load remittance flows. However, they said the sustained annual growth highlights stable employment conditions for Pakistani expatriates, particularly in Gulf labour markets.
The government has set a remittance target of around $41 billion for FY26, compared to $38 billion received in FY25. Officials see remittances as a critical buffer supporting foreign exchange reserves and helping offset Pakistan’s external financing pressures.
Read More: Pakistan receives $3.3bn in remittances in February 2026
Analysts believe maintaining policy stability and improving banking channels will remain essential to sustaining inflow momentum in the coming months.