Overseas Pakistanis have once again proven their crucial role in supporting the national economy by sending record remittances of $13 billion during the first four months of the current fiscal year, according to the State Bank of Pakistan (SBP).
The SBP report revealed that this figure marks a 12% increase compared to the same period last year, when overseas Pakistanis sent $11.9 billion. The rise of $1.1 billion highlights the growing trust and contribution of the Pakistani diaspora toward economic stability.
Economists noted that in just four months, overseas Pakistanis sent back more than double the amount received through the IMF loan program, reinforcing their reputation as the “backbone” of Pakistan’s economy.
October Remittances Cross $3.4 Billion
The report further stated that October 2025 alone recorded $3.4 billion in remittances — the highest monthly inflow in recent months. The figure represents a 12% increase compared to the same month last year, reflecting strong financial engagement by Pakistanis living abroad.
Saudi Arabia and UAE Lead Inflows
According to the data, Pakistanis working in Saudi Arabia sent the largest amount, totaling $820 million in October. They were followed by workers in the United Arab Emirates (UAE), who remitted $700 million.
Remittances from other Gulf countries reached $340 million, while those from the United Kingdom and the United States stood at $490 million and $290 million, respectively.
Economic Impact
The SBP emphasized that these consistent inflows from overseas Pakistanis have played a vital role in stabilizing foreign exchange reserves and supporting the Pakistani rupee.
In other news read more about National Savings Profit Rates Revised; Check November 2025 Update
Economists added that this momentum could help ease external payment pressures and strengthen investor confidence in the months ahead.
