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Pakistan’s economic momentum grows as remittances hit $34.89 billion

Published on: June 25, 2025 4:35 PM

Pakistan’s economy continues to strengthen for the second consecutive year under the Special Investment Facilitation Council (SIFC). Reforms and strategic investment policies have boosted confidence both locally and internationally. The country has shown progress in key areas including economic growth, trade, and investor returns.

During the first 11 months of fiscal year 2024-25, remittances surged to $34.89 billion. This marks a notable increase in foreign inflows. Around 70% of the remittances came from four key countries—Saudi Arabia, the UAE, the UK, and the US. This reflects a strong and steady inflow from Pakistanis working abroad.

Meanwhile, Pakistani exports to European markets also improved. These exports rose by 8.62% in just 10 months. Total export value reached $7.553 billion. This upward trend suggests growing demand for Pakistani goods in international markets.

In addition, repatriation of profits by foreign companies increased by 115%. This is seen as a clear sign of renewed investor confidence. Experts believe that policy consistency and government support played a crucial role in creating a stable investment climate.

Moreover, the International Monetary Fund (IMF) approved $1.4 billion in sustainable development funding for Pakistan. Economists say this support will further strengthen economic recovery. With continued reform under SIFC, Pakistan appears to be moving steadily toward long-term financial stability.

 

Filed Under: Business, Pakistan Tagged With: $34.89 Billion, Latest, Pakistan's economy, Pakistan’s Economic Momentum Grows, remittances, Special Investment Facilitation Council (SIFC)

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