Prime Minister Shehbaz Sharif on Wednesday directed the Overseas Pakistanis Foundation to prepare a comprehensive roadmap to strengthen welfare initiatives for Pakistanis living abroad. He described the overseas community as a valuable national asset. The directive aims to improve services and accelerate ongoing projects for the diaspora. During a meeting in Islamabad, the prime minister […]
Pakistan remittances
Pakistan posts strong current account surplus in May
Pakistan recorded a current account surplus of $459 million in May 2026, marking a significant turnaround from the $276 million deficit reported in April. The improvement strengthened the country’s external sector position and reflected the combined impact of rising remittances, lower import payments and relatively stable economic conditions during the month. A major contributor to […]
Pakistan hits record $4.3bn remittances
Pakistan received a record $4.3 billion in workers’ remittances during May 2026, according to the State Bank of Pakistan. The inflow rose 20.2% from April and increased 15.4% year-on-year. The record amount strengthens external accounts and supports millions of households relying on overseas earnings. The State Bank said May marked the highest monthly remittance inflow […]
Middle East conflict risks $3bn remittance hit
Pakistan could face a remittance shortfall of up to $3 billion if the escalating Middle East conflict persists, analysts warn, raising concerns about pressure on the rupee and the country’s fragile external balance. Read More: Middle East tensions disrupt Pakistan’s sea trade Shahid Anwar, senior director at the Institute of Cost and Management Accountants of Pakistan, said […]
Overseas Pakistanis drive employment and economic growth
The Ministry of Overseas Pakistanis and Human Resource Development has substantially strengthened the employment opportunities and welfare protection of overseas Pakistanis as a result of improvements introduced to its systems in 2025. Taking advantage of the facilities provided by the Bureau of Emigration & Overseas Employment, the number of Pakistani workers sent abroad recorded a […]
Remittances hit record, support Pakistan’s foreign reserves
Remittances from overseas Pakistanis exceeded three IMF tranches within one month, SBP data showed. Inflows surged sharply in December, offering strong economic relief. The development boosted confidence at the start of the New Year. The State Bank of Pakistan reported remittances between $3.06 billion and $3.6 billion in December. This marked one of the strongest […]
Pakistan receives $3.2bn in remittances in November
Pakistan received $3.2 billion in workers’ remittances in November 2025, according to the State Bank of Pakistan. The figure marks a 9.4 percent increase compared to the same month last year. Analysts say the rise reflects strong support from overseas Pakistanis despite global economic challenges. During the first five months of the current fiscal year […]