Prime Minister Shehbaz Sharif has praised overseas Pakistanis after the country received a record $41.6 billion in remittances during FY2025-26. He said the 8.6 percent increase reflects the confidence of expatriate Pakistanis in the government’s economic policies. The record inflows are expected to strengthen Pakistan’s foreign exchange reserves and support economic stability. In a statement, […]
overseas pakistanis
Pakistan receives $41.6bn in remittances
Overseas Pakistanis sent $41.58 billion in workers’ remittances during fiscal year 2025-26, according to the State Bank of Pakistan. The annual inflow increased by 8.5 percent compared with the previous fiscal year. The higher remittances strengthened Pakistan’s foreign exchange position and supported the national economy. The State Bank said June remittances were $770 million lower […]
SBP ends remittance rewards for overseas Pakistanis
The State Bank of Pakistan has officially ended the Sohni Dharti Remittance Programme, bringing an end to a reward scheme that encouraged overseas Pakistanis to send money home through formal banking channels. The central bank issued a circular to banks and exchange companies announcing the programme’s closure after operating for four and a half years. […]
Shehbaz orders OPF welfare reform roadmap
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 […]
Over 150,000 complete online registration for Hajj 2027
More than 150,000 prospective pilgrims have successfully completed their online registration for Hajj 2027, marking a major step in Pakistan’s efforts to modernise and digitise the pilgrimage application process. According to the Ministry of Religious Affairs, the milestone was achieved through the government’s online Hajj portal, which allows applicants to complete their registration from home […]
Government targets $42.4bn in remittance
The government has set an ambitious remittance target of $42.4 billion for fiscal year 2026-27, banking on strong inflows from overseas Pakistanis to support the economy and help manage a widening current account deficit. According to budget projections, the government expects the current account deficit (CAD) to rise to $3.6 billion in FY27, equivalent to […]
Hajj 2027 registration to open soon for Pakistani pilgrims
Pakistan has started preparations for Hajj 2027, with the Ministry of Religious Affairs and Interfaith Harmony announcing that the registration process for intending pilgrims will begin soon. According to the ministry, early registration is being initiated in line with the latest directives issued by Saudi authorities. The move aims to ensure timely completion of the […]
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 […]
Overseas Pakistanis sent $3.53 billion in remittances during April 2026
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 […]
Pakistan urges swift reopening of Hormuz amid regional tensions
Pakistan has called for the immediate restoration of normal shipping flow through the Strait of Hormuz, emphasizing its critical importance for global energy supply and international trade stability. The Foreign Office stated that uninterrupted movement through the waterway is essential for maintaining economic balance and preventing further disruption in global markets. Officials also stressed that […]