May 14, 2026

Overseas Pakistanis send $3.53 billion in remittances

The State Bank of Pakistan (SBP) said remittances sent by overseas Pakistanis increased by 11.4 per cent compared to the same month last year.

“This figure, however, reflects a 7.6% decline on a month-on-month basis in comparison to March 2026,” the SBP revealed.

According to the central bank, total remittances received during the first 10 months of fiscal year 2025-26, from July to April, stood at $33.9 billion, showing an 8.5 per cent rise compared to the previous fiscal year.

The SBP said remittances during the same period of FY25 had reached $31.2 billion.

Saudi Arabia remained the largest source of remittances in April 2026, with overseas Pakistanis sending $841.7 million. The United Arab Emirates followed with $734.7 million.

Pakistanis living in the United Kingdom sent $563.7 million during the month, while remittances worth $317.6 million were received from the United States, the central bank added.

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