ISLAMABAD — Pakistan workers remittances climbed 9.21 percent to reach $38.109 billion during the first eleven months of fiscal year 2025-26. The State Bank of Pakistan released these figures Wednesday, underscoring sustained growth in foreign exchange earnings from overseas Pakistani workers.
Record Growth in Remittance Inflows
The country received $38.109 billion in remittance inflows between July and May of the current fiscal year. This marks a significant increase from $34.892 billion recorded during the same period in FY2024-25.
The year-over-year gain represents approximately $3.2 billion in additional foreign exchange. State Bank of Pakistan data confirms this upward trajectory continues from previous quarters.
Critical Support for External Account
The sustained increase highlights Pakistan’s continued reliance on overseas workers as a primary foreign exchange source. These remittances provide critical support to the country’s external account amid ongoing economic pressures.
Pakistan workers remittances remain one of the nation’s most stable revenue streams. They help stabilize the economy while supporting household incomes across urban and rural areas.
Key Economic Impact
- Strengthens Pakistan’s foreign exchange reserves
- Reduces pressure on current account deficit
- Provides direct financial support to millions of households
- Enhances economic stability during challenging fiscal conditions
The remittance growth comes as Pakistan navigates broader economic challenges. Foreign exchange earnings from overseas workers continue to serve as a vital economic lifeline for the country’s financial stability.
