Islamabad: Pakistan’s overseas workers’ remittances reached $3.5 billion in January, according to the State Bank of Pakistan (SBP). Cumulatively, remittances grew 11.3 percent to $23.2 billion during July–January FY26, compared to $20.9 billion in the same period last year. On a year-to-year basis, remittances increased by 15.4 percent. The top sources were Saudi Arabia ($739.6 […]
SBP remittance data
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 […]